Over the last two decades research into the notion of empowerment has been focused on the three primary dimensions of process, outcomes and environment within the contexts of the individual, community groups and business organisations. As a psychological attribute, empowerment at the individual level has been investigated significantly by such theorists as Rappaport (1995) and Zimmerman (2000). However, studies in this field neglect deep understanding of the reality of the individual's experiences of the empowerment process. Definitions within the literature refer to empowerment as being a process which occurs over time for the individual who is personally challenged to achieve power and control within his/her own life context by the application and reflection of learning new knowledge and skills. The purpose of this investigative case study is to examine the reality of the empowerment process as it occurs in the individual lives of a group of women who have actively participated in the learning environment of an investment club over a 2 year period in Brisbane. The three dimensions of empowerment support the structure of the study with the findings evidencing 'authentic empowerment' is achieved when the individual seeks to operate within the dual learning environments of the supportive group as well as the solo learning environment. The reality of individual authentic empowerment proved to be a continuum of experience dependent upon the individual's levels of motivation, energy, decision-making abilities, knowledge, risk taking, confidence, time and goals. Sustainability of empowerment related to the participant's level of active involvement in the dual learning environments while accepting complete responsibility for actions and consequences.

Made available in DSpace on 2016-12-23T14:00:35Z (GMT). No. of bitstreams: 1 Claudio Alan de Melo Barbosa.pdf: 683323 bytes, checksum: 3c62dfb6f8485d96f9af6530abda3312 (MD5) Previous issue date: 2009-06-17 / O Modelo de Precificação de Ativos Financeiros (CAPM) compara ou correlaciona os retornos da ação individual com os retornos de mercado pelo índice de risco chamado Beta. O mercado é um padrão ou denominador comum para a obtenção do que é conhecido como risco não diversificável, também chamado, de risco sistêmico. De forma que foi realizado um estudo comparativo entre dois tipos de precificação de ativos, CAPM tradicional e CAPM condicional, sendo que, este último utiliza o modelo GARCH-M, capaz de incorporar a variância condicional em sua estimação. O mercado financeiro brasileiro, no decorrer dos últimos anos, foi palco de um grande crescimento e consolidação do Brasil perante a comunidade nacional e internacional. Diante disso, a Bovespa, na tentativa de tornar a prática de investimento em ações mais ao alcance da população brasileira regulamentou os Clubes de Investimento, proporcionando a entrada de investidores de pequeno porte, porém estes, unidos em clubes, acabam por se tornarem investidores de grande potencial; e o clube de investimento AIVALE, foi um dos quais em pouco tempo de criação apresentou um grande ganho em seu patrimônio. Foi possível estudar o comportamento de sua variância, e determinar o seu Beta baseado no melhor modelo / The Model for Pricing of Financial Assets CAPM compares or correlates the returns of individual action with the returns of the market by risk index called Beta. The market is a pattern or common denominator to obtain what is known as risk not diverse, also called of systemic risk. So that was a comparative study between two types of pricing of assets, traditional CAPM and conditional CAPM, whereas the latter uses the GARCH-M model, able to incorporate the conditional variance in its estimation. The Brazilian financial market over the past years, was the scene of a major growth and consolidation of Brazil at the national and international community. Thus, the BOVESPA, in an attempt to make the practice of investing in more stock to reach the population regulated investment clubs, allowing the entry of small investors, but these, together in clubs, eventually become investors in great potential, and investment club AIVALE, one of which was soon made to create a large gain in its assets. It was possible to study the behavior of its variance, and determine the best model based on the Beta

Made available in DSpace on 2016-12-23T14:00:35Z (GMT). No. of bitstreams: 1 Claudio Alan de Melo Barbosa.pdf: 683323 bytes, checksum: 3c62dfb6f8485d96f9af6530abda3312 (MD5) Previous issue date: 2009-06-17 / The Model for Pricing of Financial Assets CAPM compares or correlates the returns of individual action with the returns of the market by risk index called Beta. The market is a pattern or common denominator to obtain what is known as risk not diverse, also called of systemic risk. So that was a comparative study between two types of pricing of assets, traditional CAPM and conditional CAPM, whereas the latter uses the GARCH-M model, able to incorporate the conditional variance in its estimation. The Brazilian financial market over the past years, was the scene of a major growth and consolidation of Brazil at the national and international community. Thus, the BOVESPA, in an attempt to make the practice of investing in more stock to reach the population regulated investment clubs, allowing the entry of small investors, but these, together in clubs, eventually become investors in great potential, and investment club AIVALE, one of which was soon made to create a large gain in its assets. It was possible to study the behavior of its variance, and determine the best model based on the Beta / O Modelo de Precificação de Ativos Financeiros (CAPM) compara ou correlaciona os retornos da ação individual com os retornos de mercado pelo índice de risco chamado Beta. O mercado é um padrão ou denominador comum para a obtenção do que é conhecido como risco não diversificável, também chamado, de risco sistêmico. De forma que foi realizado um estudo comparativo entre dois tipos de precificação de ativos, CAPM tradicional e CAPM condicional, sendo que, este último utiliza o modelo GARCH-M, capaz de incorporar a variância condicional em sua estimação. O mercado financeiro brasileiro, no decorrer dos últimos anos, foi palco de um grande crescimento e consolidação do Brasil perante a comunidade nacional e internacional. Diante disso, a Bovespa, na tentativa de tornar a prática de investimento em ações mais ao alcance da população brasileira regulamentou os Clubes de Investimento, proporcionando a entrada de investidores de pequeno porte, porém estes, unidos em clubes, acabam por se tornarem investidores de grande potencial; e o clube de investimento AIVALE, foi um dos quais em pouco tempo de criação apresentou um grande ganho em seu patrimônio. Foi possível estudar o comportamento de sua variância, e determinar o seu Beta baseado no melhor modelo