Latest posts
-
Internal Auditors Should Review, Not Write, Company Policies—Here’s Why
Internal auditors are often viewed as the guardians of good governance, compliance, and accountability. Yet, despite the temptation to pull them into the process of drafting company policies, this role is one they should carefully avoid. Writing policies, while important, can blur the lines of responsibility and compromise the very independence that makes internal audit…
-
Essential Steps to Take Before Investing in Stocks for Long-Term Success
For many people, the idea of buying shares for the first time brings both excitement and fear. The stock market has a reputation for creating wealth, yet it is also known for unpredictable ups and downs. What many new investors overlook is that the success of their financial journey often depends less on the stocks…
-
Creating a Happy Workforce: Six Smart Ways to Handle Payroll and People Management
Employees form the heart of any business. When they feel valued, respected, and properly rewarded for their efforts, they are more engaged and motivated. But one of the quickest ways to undermine that goodwill is to mishandle pay. A late paycheck, incorrect deductions, or disorganized payroll processes can easily erode trust and morale. For any…
-
Interest Rate Risk: Key Challenges for Bonds, Banks, and Insurance Companies
Interest rate risk is the possibility of financial losses caused by shifts in interest rates. Since interest rates influence the cost of borrowing and the returns on savings and investments, any change has ripple effects across financial markets. For institutions such as banks, insurers, and pension funds, managing this risk is critical, as their assets…
-
Monetary Inflation Explained: Causes, Theories, and Impact on the Economy
Monetary inflation refers to the persistent rise in the supply of money within an economy. Unlike price inflation, which reflects higher costs of goods and services, monetary inflation is specifically about the creation and expansion of money itself. The two are closely related, as a growing money supply can often lead to price increases, but…
-
What Are Giffen Goods? Definition, Real-Life Examples, and Economic Insights
In economics, most goods follow a simple principle: when prices go up, people buy less; when prices fall, they buy more. Giffen goods, however, defy this rule. Named after the 19th-century Scottish economist Sir Robert Giffen, these goods behave in a way that seems counterintuitive—demand actually increases when their prices rise. They are usually everyday…
-
Understanding the Free Market: Origins, Principles, and Impact
What Is a Free Market? A free market refers to an economic system where people make voluntary exchanges based on their own interests and preferences. Buyers and sellers interact without being forced, and the prices of goods or services are shaped by supply and demand. In its purest form, the free market operates with little…
-
Concentration Risk in Banking and Finance: Types, Examples, and Smart Ways to Manage It
In finance, risk often comes from the unexpected, but sometimes it can be traced back to something very clear: putting too much in one place. Concentration risk refers to the danger that arises when a bank, financial institution, or investor relies too heavily on a single borrower, industry, geographic region, or even a specific product.…
-
Settlement Risk Explained: Causes, Examples, and Smart Strategies to Manage It
In the world of finance, every transaction carries an element of trust. When two parties agree to exchange assets—whether money, securities, or commodities—both sides assume the other will deliver as promised. Settlement risk arises when one party fulfills its part of the deal but does not receive the corresponding asset or payment. This form of…
-
How to Manage Workplace Conflict: Practical Tips and Conflict Resolution Strategies
Conflict in the workplace is inevitable. Whenever people with different backgrounds, personalities, and perspectives work together, disagreements are bound to occur. Left unchecked, conflict can erode trust, lower morale, and harm productivity. However, when handled constructively, it can foster innovation and strengthen relationships. Understanding the nature of workplace conflict and learning how to manage it…