Debt Priority and Options in Bankruptcy: A
... and dynamic. The static theories explain that priority can be allocated to exploit the comparative advantages of creditors in screening and monitoring the debtor, and in enforcing debt claims upon default against the debtor’s assets. Consider a debtor with two creditors, where the debtor faces a cho ...
... and dynamic. The static theories explain that priority can be allocated to exploit the comparative advantages of creditors in screening and monitoring the debtor, and in enforcing debt claims upon default against the debtor’s assets. Consider a debtor with two creditors, where the debtor faces a cho ...
The Institutional Construction of Firms
... However, this concentration on agency problems between investors and principals and managers as agents tends to ignore the broader context of corporate governance, especially the role of political conflicts and interests in structuring the legal and financial framework governing corporate forms and ...
... However, this concentration on agency problems between investors and principals and managers as agents tends to ignore the broader context of corporate governance, especially the role of political conflicts and interests in structuring the legal and financial framework governing corporate forms and ...
Asian Investment Grade USD Bonds an Under Appreciated Asset
... clear when there is a crisis and fear pervades the financial markets. As such, bonds should be an important component of most investors’ portfolios and should not be overlooked. While investors have a wide range of objectives and goals ...
... clear when there is a crisis and fear pervades the financial markets. As such, bonds should be an important component of most investors’ portfolios and should not be overlooked. While investors have a wide range of objectives and goals ...
Steps towards a deeper economic integration: the internal market in
... development of information and communication technologies (ICT). Services account for 70% of employment and value added but only for 20% of intra-EU trade, indicating their low tradability within the EU. Labour productivity growth in services is generally lower than in the US, except in sectors such ...
... development of information and communication technologies (ICT). Services account for 70% of employment and value added but only for 20% of intra-EU trade, indicating their low tradability within the EU. Labour productivity growth in services is generally lower than in the US, except in sectors such ...
Joffe Open Source Credit Model Presentation to SEC
... Like XBRL in its early years, open source credit modeling is a good idea struggling to gain mindshare XBRL became mainstream after it was endorsed by the SEC The SEC can have the same impact on open source credit modeling And what about the social benefit? ...
... Like XBRL in its early years, open source credit modeling is a good idea struggling to gain mindshare XBRL became mainstream after it was endorsed by the SEC The SEC can have the same impact on open source credit modeling And what about the social benefit? ...
Behavioral Simulations: Using agent
... the type of guarantees or riders purchased), withdrawal behavior (e.g., partial or full withdrawal, when and for what reasons), surrender or lapse behavior, and option exercise behavior (e.g., the decision to annuitize or not annuitize or the exercise of long-term-care rider within an annuity contra ...
... the type of guarantees or riders purchased), withdrawal behavior (e.g., partial or full withdrawal, when and for what reasons), surrender or lapse behavior, and option exercise behavior (e.g., the decision to annuitize or not annuitize or the exercise of long-term-care rider within an annuity contra ...
Document
... Moreover, risk is everywhere and it can’t be avoided in any types of business activities. The main problem in the banking sector is that its business nature exposes to more risk than other business sectors. According to Santomero (2007) many commercial banks are upgrading their risk management and i ...
... Moreover, risk is everywhere and it can’t be avoided in any types of business activities. The main problem in the banking sector is that its business nature exposes to more risk than other business sectors. According to Santomero (2007) many commercial banks are upgrading their risk management and i ...
words - Investor Relations Solutions
... months, an entity to recognize an asset and liability. The updated guidance is effective for interim and annual periods beginning after December 15, 2018, and early adoption is permitted. We believe the adoption of ASU 2016-02 will materially impact our consolidated financial statements by significa ...
... months, an entity to recognize an asset and liability. The updated guidance is effective for interim and annual periods beginning after December 15, 2018, and early adoption is permitted. We believe the adoption of ASU 2016-02 will materially impact our consolidated financial statements by significa ...
IMF Country Report No. 15/80, March 2015.
... Since the financial crisis, fiscal and current account deficits have been tackled, but ...
... Since the financial crisis, fiscal and current account deficits have been tackled, but ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... As argued above, flows of resources between different levels of government (including NFPEs) pose important analytical and policy issues, and a full understanding of the behavior of fiscal policy in Latin America requires an understanding of these flows. Hence, our dataset includes information on th ...
... As argued above, flows of resources between different levels of government (including NFPEs) pose important analytical and policy issues, and a full understanding of the behavior of fiscal policy in Latin America requires an understanding of these flows. Hence, our dataset includes information on th ...
Entrepreneurial Capability and New Product Development Performance in
... Research on the role of financial literacy as a moderating variable in the relationship between entrepreneurial capabilities and business performance, particularly the performance of new product development, is still rarely investigated. However, Oseifuah’s (2010) study found that financial literacy ...
... Research on the role of financial literacy as a moderating variable in the relationship between entrepreneurial capabilities and business performance, particularly the performance of new product development, is still rarely investigated. However, Oseifuah’s (2010) study found that financial literacy ...
2016 Q4 Report - Home Capital Group
... forward-looking statements. The Company presents forward-looking statements to assist shareholders in understanding the Company’s assumptions and expectations about the future that are relevant in management’s setting of performance goals, strategic priorities and outlook. The Company presents its o ...
... forward-looking statements. The Company presents forward-looking statements to assist shareholders in understanding the Company’s assumptions and expectations about the future that are relevant in management’s setting of performance goals, strategic priorities and outlook. The Company presents its o ...
Self-esteem and Individual Wealth
... Swenson, Gutenson and Nichols III (1995) find that financial education helps individuals feel that they are in better control of their financial situation, leading to increased financial selfesteem. Risk reduction may be motivated by a desire to limit the drop in self-esteem that follows a negative ...
... Swenson, Gutenson and Nichols III (1995) find that financial education helps individuals feel that they are in better control of their financial situation, leading to increased financial selfesteem. Risk reduction may be motivated by a desire to limit the drop in self-esteem that follows a negative ...
Accelerating Emerging Capital Markets Development Corporate Bond
... corporate bond markets. Therefore, even investors who are willing to participate in emerging markets often discover that there is insufficient volume of and breadth in offered securities to meet their investment needs. Furthermore, the process for developing corporate bond markets is often viewed a ...
... corporate bond markets. Therefore, even investors who are willing to participate in emerging markets often discover that there is insufficient volume of and breadth in offered securities to meet their investment needs. Furthermore, the process for developing corporate bond markets is often viewed a ...
ACCT 2301 PP Ch 7
... At the end of each period, an estimate is made of the total bad debts expected to be realized from that period’s sales. There are two advantages to the allowance method: 1. It records estimated bad debts expense in the period when the related sales are recorded. 2. It reports accounts receivable on ...
... At the end of each period, an estimate is made of the total bad debts expected to be realized from that period’s sales. There are two advantages to the allowance method: 1. It records estimated bad debts expense in the period when the related sales are recorded. 2. It reports accounts receivable on ...
Financial Cycles with Heterogeneous Intermediaries
... in the intensive and the extensive margins generates both movements in aggregate leverage and asset pricing implications which are unusual in our models but seem to bear some resemblance with reality. Contemporaneously, output and consumption vary monotonically with the interest rate while the under ...
... in the intensive and the extensive margins generates both movements in aggregate leverage and asset pricing implications which are unusual in our models but seem to bear some resemblance with reality. Contemporaneously, output and consumption vary monotonically with the interest rate while the under ...
The future of the international monetary and financial
... My phrasing above suggests that the central bank need not have a monopoly over running the payments system, though it is likely to play some role there. In fact, central banks have long been accustomed to sharing this function, that is, to having competitors in providing the various means of payment ...
... My phrasing above suggests that the central bank need not have a monopoly over running the payments system, though it is likely to play some role there. In fact, central banks have long been accustomed to sharing this function, that is, to having competitors in providing the various means of payment ...
Selling Time - CSInvesting
... economy has been “financialised.” This comes in a number of guises, such as the unprecedented volume of global speculative capital. While central banks have added more than US$ 10 trillion of new credit since the crisis, the stock of globally traded financial assets has increased from US$7 trillion ...
... economy has been “financialised.” This comes in a number of guises, such as the unprecedented volume of global speculative capital. While central banks have added more than US$ 10 trillion of new credit since the crisis, the stock of globally traded financial assets has increased from US$7 trillion ...
JOIM - CSInvesting
... fail have an average leverage of 73.7%. This higher level is 1.05 standard deviations higher than the overall mean. When interpreting the statistics, it is important to remember a few things about the sample and the construction of the variables. First, the summary statistics place equal weight on a ...
... fail have an average leverage of 73.7%. This higher level is 1.05 standard deviations higher than the overall mean. When interpreting the statistics, it is important to remember a few things about the sample and the construction of the variables. First, the summary statistics place equal weight on a ...
View - FASB
... he purpose of this paper is to analyze the manner in which asset-liability management (ALM) is currently practiced by depository institutions. ALM is the process that deals with interest rate risk (IRR) management. This process is extraordinarily important because interest rate risk is one of the tw ...
... he purpose of this paper is to analyze the manner in which asset-liability management (ALM) is currently practiced by depository institutions. ALM is the process that deals with interest rate risk (IRR) management. This process is extraordinarily important because interest rate risk is one of the tw ...
Crouhy et al. - IME-USP
... and speci®c risk, implemented at the major G-10 banks, and used every day to report regulatory capital for the trading book. The next step for these banks is to develop a VaR framework for credit risk. The current BIS requirements for ``speci®c risk'' are quite loose, and subject to broad interpreta ...
... and speci®c risk, implemented at the major G-10 banks, and used every day to report regulatory capital for the trading book. The next step for these banks is to develop a VaR framework for credit risk. The current BIS requirements for ``speci®c risk'' are quite loose, and subject to broad interpreta ...
June 2015 - NigeriaTravelsMart
... Delayed impact of devaluation and consumer resistance to higher prices at the retail level Huge payments to oil marketers increased money supply ...
... Delayed impact of devaluation and consumer resistance to higher prices at the retail level Huge payments to oil marketers increased money supply ...
Document
... related costs. The Company has the ability to extend the option period in 30-day increments at a fee of $66,700 per extension and has extended this option period through June 30, 2000. In connection with the option agreement, the Company granted warrants to Bull Run to purchase up to 100,000 shares ...
... related costs. The Company has the ability to extend the option period in 30-day increments at a fee of $66,700 per extension and has extended this option period through June 30, 2000. In connection with the option agreement, the Company granted warrants to Bull Run to purchase up to 100,000 shares ...
MARKETING ARITHMETIC
... The inventory figures merely show the cost of goods on hand at the beginning and end of the period the statement covers. These figures may be obtained by a physical count of the goods on hand on these dates or they may be estimated by ‘perpetual inventory’ records that show the inventory balance at ...
... The inventory figures merely show the cost of goods on hand at the beginning and end of the period the statement covers. These figures may be obtained by a physical count of the goods on hand on these dates or they may be estimated by ‘perpetual inventory’ records that show the inventory balance at ...
chapter 1 - Find the cheapest test bank for your text book!
... Which of the following statements is CORRECT? a. In most corporations, the CFO ranks above the CEO. b. By law in most states, the chairman of the board must also be the CEO. c. The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking i ...
... Which of the following statements is CORRECT? a. In most corporations, the CFO ranks above the CEO. b. By law in most states, the chairman of the board must also be the CEO. c. The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking i ...