The entrepreneurial beach vendor industry is culturally vibrant on the famous beaches of Zona Sul, including Copacabana Beach and Ipanema Beach, in Brazil’s Rio de Janeiro (commonly known as Rio). Vendors, who mainly reside in low-income working-class districts known as a favelas, sell a variety of goods and services to locals and tourists from around the world. In addition to the numerous characteristics associated with Rio’s beach vendors, four .....more

The insurance industry’s potential for growth in India has attracted numerous organizations, each armed with their most efficient strategies. India’s life insurance market is undergoing a transformation, marked by fierce competition and changing consumer preferences. Public and private life insurance companies and emerging insurtech (insurance technology) companies coexist, intensifying the competition for coverage in a rapidly expanding market. This .....more

Stablecoins represent digital assets whose value is pegged to that of a fiat currency, commodity, or financial instrument. As non-volatile assets that enable relatively easy cross-border transfers and minimal price fluctuation relative to the reference asset, stablecoins are especially useful as a medium of exchange.

This note is about tokenization and tokenized assets. Tokenization refers to the process of creating a representation of a particular asset on a blockchain via digital tokens. Tokenized assets typically derive their value from the value of the underlying asset. This note explores the benefits and risks of tokenization, as well as use cases. Moreover, it explores Security Token Offerings, considerations for tokenized asset issuers, and the Howey Test. .....more

This technical note provides introductory to intermediate accounting and finance students with an introduction to the construction of a discounted cash flow analysis. The scenario is a plausible and moderately complex “real-world” managerial decision of whether or not a business owner should purchase labour-saving farm equipment. This decision includes tax implications and long-lived assets. One of the greatest challenges that managers face is understanding .....more

Entity-Relationship (ER) data modelling is a critical technique used by data experts to help design new systems, utilize existing systems, and replace old systems. This note describes the different levels of data modelling, as well as its objectives and benefits, provides a brief history of graphical modelling approaches, and focuses on a particular graphical rule set for creating logical data models called Barker notation.

Indigenous people “continue to have shorter life spans, poorer health, higher unemployment, lower educational levels, and generally far poorer socio-economic conditions than the Canadian average.” To address these issues and build economic self-sufficiency, First Nations communities must be able to exercise their rights to the land they have occupied for millenniums. In British Columbia, most First Nations have never extinguished their Aboriginal .....more

Corporate ownership structure shapes corporate governance in profound ways, impacting decision-making speed, risk management, strategic alignment, and firm performance. The effectiveness of governance mechanisms varies with ownership structures, from sole proprietorships to shareholders in public firms, as each structure entails unique challenges in balancing control, oversight, and incentive alignment. This note explores governance strategies across .....more

A balance sheet is a key financial statement that provides a snapshot of a company’s financial position at a specific point in time. This note offers a concise overview of the basics of the balance sheet.

Lebanon is a country with many contradictions; and yet, it has a special place in the heart of the many admirers. The famous Lebanese-American poet Khalil Gibran conveyed this contradiction in his poetic works. He unambiguously declared that the way you view Lebanon is a matter of perspective; you choose what to see. His words still hold true today, without a doubt. Lebanon is a country that has an exceptional beauty of nature and the unmatchable .....more