SunAmerica Dynamic Allocation Portfolio Summary
... 80% of its assets to Underlying Portfolios investing primarily in equity securities and 20% to 50% of its assets to Underlying Portfolios investing primarily in fixed income securities and short-term investments, which may include mortgage- and asset-backed securities, to seek capital appreciation a ...
... 80% of its assets to Underlying Portfolios investing primarily in equity securities and 20% to 50% of its assets to Underlying Portfolios investing primarily in fixed income securities and short-term investments, which may include mortgage- and asset-backed securities, to seek capital appreciation a ...
How Do Mergers Create Value? A Comparison of Taxes, Market
... but may still reflect superior performance relative to what may have been observed without a merger (which is unobservable to researchers). Our approach avoids the limitations of employing industry benchmarks. We compare detailed Value Line forecasts from before the merger to forecasts after the merg ...
... but may still reflect superior performance relative to what may have been observed without a merger (which is unobservable to researchers). Our approach avoids the limitations of employing industry benchmarks. We compare detailed Value Line forecasts from before the merger to forecasts after the merg ...
The edges of home ownership
... Australian state and territory governments. AHURI Limited gratefully acknowledges the financial and other support it has received from these governments, without which this work would not have been possible. AHURI comprises a network of universities clustered into Research Centres across Australia. ...
... Australian state and territory governments. AHURI Limited gratefully acknowledges the financial and other support it has received from these governments, without which this work would not have been possible. AHURI comprises a network of universities clustered into Research Centres across Australia. ...
2015 Annual Report
... Comparative figures have been restated retrospectively to conform with the presentation adopted in 2015, whereas, among others, we have extended definition of non-GAAP adjustments to cover that of our material associates. We adopted the new presentation in order to more clearly illustrate our non-GA ...
... Comparative figures have been restated retrospectively to conform with the presentation adopted in 2015, whereas, among others, we have extended definition of non-GAAP adjustments to cover that of our material associates. We adopted the new presentation in order to more clearly illustrate our non-GA ...
CHAPTER 15 Stockholders` Equity
... costs, and taxes, should be reported as a reduction of the amounts paid in. Issue costs are therefore debited to Additional Paid-in Capital because they are unrelated to corporate operations. ...
... costs, and taxes, should be reported as a reduction of the amounts paid in. Issue costs are therefore debited to Additional Paid-in Capital because they are unrelated to corporate operations. ...
Effect of Dividend Policies on Firm Value
... choose a dividend level to signal that private information. This may lead to a stable dividend payout ratio. Since Modigliani and miller initiated modern corporate finance theory Modigliani and Miller (1958)[16] and Miller and Modigliani (1961)[18], a lot of researches have been made to explain mark ...
... choose a dividend level to signal that private information. This may lead to a stable dividend payout ratio. Since Modigliani and miller initiated modern corporate finance theory Modigliani and Miller (1958)[16] and Miller and Modigliani (1961)[18], a lot of researches have been made to explain mark ...
notes to - Sygnity
... subscribe series U shares, indicating that it became the owner of the bonds allocated to it. The purpose of the Bond issue is the realisation of the management option programme carried out on the basis of a resolution adopted by the Extraordinary Meeting of Shareholders on 25 October 2001. One hundr ...
... subscribe series U shares, indicating that it became the owner of the bonds allocated to it. The purpose of the Bond issue is the realisation of the management option programme carried out on the basis of a resolution adopted by the Extraordinary Meeting of Shareholders on 25 October 2001. One hundr ...
Financing Patterns of European SMEs
... Management at the University of Trier. This EIF Working Paper is one result of the successful cooperation. A follow-on project, building on the findings of the presented analysis and financially supported by the EIB Institute under the Knowledge Programme, is scheduled to start soon. Even though res ...
... Management at the University of Trier. This EIF Working Paper is one result of the successful cooperation. A follow-on project, building on the findings of the presented analysis and financially supported by the EIB Institute under the Knowledge Programme, is scheduled to start soon. Even though res ...
The Market Reaction to Stock Split Announcements
... have emerged in the literature to explain the abnormal returns around split announcements. The original theories hypothesized that markets learn information about firms’ fundamentals (e.g. dividends or earnings) from stock splits. The alternative theories that followed argue that it is not informati ...
... have emerged in the literature to explain the abnormal returns around split announcements. The original theories hypothesized that markets learn information about firms’ fundamentals (e.g. dividends or earnings) from stock splits. The alternative theories that followed argue that it is not informati ...
Credit default swaps around the world: Investment and
... when creditors initially have an inferior bargaining position with respect to shareholders who own the majority of shares (Davydenko and Strebulaev (2007)) and, as a consequence, would have more bargaining power during private debt renegotiation in the absence of CDS. The interaction between the CDS ...
... when creditors initially have an inferior bargaining position with respect to shareholders who own the majority of shares (Davydenko and Strebulaev (2007)) and, as a consequence, would have more bargaining power during private debt renegotiation in the absence of CDS. The interaction between the CDS ...
Regulation of CrowdFunding in Germany, the UK, Spain and Italy
... Nazionale per le Società e la Borsa), has, after extensive public consultation, now finalised Europe’s first national Crowdfunding law. While this is focused on equity Crowdfunding for the time being, it is a first step that gives a very strong signal to its fellow European Member States. In the UK ...
... Nazionale per le Società e la Borsa), has, after extensive public consultation, now finalised Europe’s first national Crowdfunding law. While this is focused on equity Crowdfunding for the time being, it is a first step that gives a very strong signal to its fellow European Member States. In the UK ...
Raising Capital- Get the Money You Need To Grow Your Business
... serving as a legal and strategic adviser to entrepreneurs and growing companies, and speaking and writing on entrepreneurial finance, I have found one recurrent theme running through all these businesses: Capital is the lifeblood of a growing business. In an environment where cash is king, no entrep ...
... serving as a legal and strategic adviser to entrepreneurs and growing companies, and speaking and writing on entrepreneurial finance, I have found one recurrent theme running through all these businesses: Capital is the lifeblood of a growing business. In an environment where cash is king, no entrep ...
Form: 8-K, Received: 02/01/2007 16:17:22
... having a value (based on an average price during a period prior to closing) equal to $25.00, except that the fraction of a Vornado common share that will be issued per EOP share will not be less than .1852 nor more than .2174. The offer would allow EOP unitholders to exchange their units for the sam ...
... having a value (based on an average price during a period prior to closing) equal to $25.00, except that the fraction of a Vornado common share that will be issued per EOP share will not be less than .1852 nor more than .2174. The offer would allow EOP unitholders to exchange their units for the sam ...
VAULT FINANCE INTERVIEWS PRACTICE GUIDE
... flat with few layers of management or are there several titles between analyst and managing director? Is the firm part of a commercial bank or is it a pure brokerage and investment bank? If you are interviewing for an internal corporate finance position, do you have to (or can you) rotate through va ...
... flat with few layers of management or are there several titles between analyst and managing director? Is the firm part of a commercial bank or is it a pure brokerage and investment bank? If you are interviewing for an internal corporate finance position, do you have to (or can you) rotate through va ...
The relation between equity incentives and misreporting_ The role
... increases the likelihood of extreme negative returns. While successful misreporting temporarily inflates a stock’s price, once it is detected, there is typically a significant decline in that price. For example, Feroz, Park and Pastena (1991) and Dechow, Sloan and Sweeney (1996) find a negative stoc ...
... increases the likelihood of extreme negative returns. While successful misreporting temporarily inflates a stock’s price, once it is detected, there is typically a significant decline in that price. For example, Feroz, Park and Pastena (1991) and Dechow, Sloan and Sweeney (1996) find a negative stoc ...
The High-Volume Return Premium - North American Business Press
... the global market. Osborne(1959), first examined the price-volume relationship and since then this issue has been attracting considerable interests from economists. The strong connection between future stock prices and trading activity is generally accepted by many scholars. The high-volume return p ...
... the global market. Osborne(1959), first examined the price-volume relationship and since then this issue has been attracting considerable interests from economists. The strong connection between future stock prices and trading activity is generally accepted by many scholars. The high-volume return p ...
Effects of Local Director Markets on Corporate Boards
... labor markets. Weather and climate could also affect how a prospective director views the expected travel conditions and the potential for serious delays. So, we also assess if the weather or climate at a firm’s headquarters is an exogenous factor which affects a nonlocal director candidate’s willi ...
... labor markets. Weather and climate could also affect how a prospective director views the expected travel conditions and the potential for serious delays. So, we also assess if the weather or climate at a firm’s headquarters is an exogenous factor which affects a nonlocal director candidate’s willi ...
Equity Risk Premiums (ERP)
... the actual premium delivered by equity markets is only 2%, the fund’s assets will be insufficient to meet its liabilities, leading to fund shortfalls which have to be met by raising taxes (for governments) or reducing profits (for corporations) In some cases, the pension benefits can be put at risk, ...
... the actual premium delivered by equity markets is only 2%, the fund’s assets will be insufficient to meet its liabilities, leading to fund shortfalls which have to be met by raising taxes (for governments) or reducing profits (for corporations) In some cases, the pension benefits can be put at risk, ...
THREE ESSAYS ON INVESTMENTS AND CORPORATE
... Manso theorizes that the individual choice of management to innovate is ...
... Manso theorizes that the individual choice of management to innovate is ...
corporate lobbying and fraud detection
... governments, and various regulatory agencies on 49 occasions. These include the removal of price controls on natural gas, allowing certain types of debt off the book, and blocking government regulations on its derivatives trading.3 John Dean, a former Counsel to President Richard Nixon, argued that ...
... governments, and various regulatory agencies on 49 occasions. These include the removal of price controls on natural gas, allowing certain types of debt off the book, and blocking government regulations on its derivatives trading.3 John Dean, a former Counsel to President Richard Nixon, argued that ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... underlie our broad productivity measures, represent the revised OBE estimates,S with a number of modifications. The estimates of real product originating in the private domestic business sector are adjusted only to exclude the depreciation on fixed assets owned by private nonprofit institutions whic ...
... underlie our broad productivity measures, represent the revised OBE estimates,S with a number of modifications. The estimates of real product originating in the private domestic business sector are adjusted only to exclude the depreciation on fixed assets owned by private nonprofit institutions whic ...
small, smid, or mid?
... a slightly nuanced strategy (given the small cap investment already in place) to what is likely an already overly diversified lineup (including multiple investments in several other distinct asset classes) is mostly unappealing. Instead, we believe it may be beneficial to swap out small cap, forego ...
... a slightly nuanced strategy (given the small cap investment already in place) to what is likely an already overly diversified lineup (including multiple investments in several other distinct asset classes) is mostly unappealing. Instead, we believe it may be beneficial to swap out small cap, forego ...
FREE Sample Here - We can offer most test bank and
... B) A company purchases an option to buy 1000 barrels of oil anytime between now and the end of the year. C) A company agrees to purchase 1000 barrels of oil for delivery in six months at a price of $70 per barrel. D) An executive has a portion of his current year salary deferred until he retires. An ...
... B) A company purchases an option to buy 1000 barrels of oil anytime between now and the end of the year. C) A company agrees to purchase 1000 barrels of oil for delivery in six months at a price of $70 per barrel. D) An executive has a portion of his current year salary deferred until he retires. An ...
Estimating the required return on equity
... a) The ERA’s criteria are not part of the Rules. The Rules do not state that the Fama-French model must be considered if it satisfies the ERA’s criteria, the Rules state that the FamaFrench model must be considered if it is relevant. That is, the question is not whether the Fama-French model is the ...
... a) The ERA’s criteria are not part of the Rules. The Rules do not state that the Fama-French model must be considered if it satisfies the ERA’s criteria, the Rules state that the FamaFrench model must be considered if it is relevant. That is, the question is not whether the Fama-French model is the ...
Private equity in the 1980s
Private equity in the 1980s relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.The development of the private equity and venture capital asset classes has occurred through a series of boom and bust cycles since the middle of the 20th century. The 1980s saw the first major boom and bust cycle in private equity. The cycle which is typically marked by the 1982 acquisition of Gibson Greetings and ending just over a decade later was characterized by a dramatic surge in leveraged buyout (LBO) activity financed by junk bonds. The period culminated in the massive buyout of RJR Nabisco before the near collapse of the leveraged buyout industry in the late 1980s and early 1990s marked by the collapse of Drexel Burnham Lambert and the high-yield debt market.