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21. Accounting for social investments
21. Accounting for social investments

... 21.1. This module applies to all charities making social investments. It explains when an investment is recognised either as a programme related investment or as a mixed motive (mixed purpose) investment. FRS 102 does not deal with accounting for social investments and therefore this module explain ...
Return on Investment of the Recruiting Process
Return on Investment of the Recruiting Process

... The present volume addresses in its section on macroeconomic performance a number of important issues along with the necessary updates. However, the main value of the present volume lies in three other core sections which discuss three themes of key importance for the Bangladesh economy at this pres ...
2004 - British Museum
2004 - British Museum

... the proportion of children has increased with more children than ever participating in the Museum’s successful educational programmes. Market surveys also indicate increasing numbers of children coming in family and other groups. The measure of special exhibition visitors is based on paid admissions ...
Characterizing world market integration through time
Characterizing world market integration through time

... the countries appear to be completely segmented, there are wide ranges in the degree of integration. We show that Mexico is the most integrated of the countries with Argentina being the most segmented. The evolution toward more integrated Þnancial market is rather interesting. The plots of the estim ...
Modeling Banking, Sovereign, and Macro Risk in a CCA Global VAR 218 WP/13/
Modeling Banking, Sovereign, and Macro Risk in a CCA Global VAR 218 WP/13/

... CCA indicators capture the nonlinearity of changes in bank assets, equity capital, bank credit spreads, and default probabilities that are derived from forward-looking equity market information in conjunction with balance sheet data. It captures the expected losses, spreads and default probability f ...
Malaysia`s budget-Nothing to rock the boat
Malaysia`s budget-Nothing to rock the boat

... and Petrochemical Integrated Development Project (RAPID) Complex in Pengerang, Johor; the development of an airport township or KLIA Aeropolis over 1,300 acres, which is expected to attract an investment of MYR7bn; development of the Malaysian Vision Valley over 108,000 hectares between Nilai and Po ...
Capital Structure and Exporting
Capital Structure and Exporting

... select into exporting only if the resulting pro…t-risk pro…le is better). We overcome this issue by using exogenous foreign import tari¤ changes to trace the e¤ect of random export transactions, i.e. when …rms select into exporting due to exogenous changes and not due to reasons correlated with thei ...
Supervisory Strategy 2014-2018
Supervisory Strategy 2014-2018

... to improve the situation, there is still a great deal of distrust. To recapture trust, banks must continue working on an ethical culture, sound remuneration policies and sustainable business models. What is more, in a climate of distrust no news is bad news. This is why banks will have to be more tr ...
Financial distress and firm performance: Evidence from the Asian
Financial distress and firm performance: Evidence from the Asian

... Opler and Titman (1994) utilize stock return and sales growth as proxies for firm performance in their research. Stock return as a proxy for firm performance, however, is most appropriate for all-equity firms. In this study, of interest is how leverage affects performance, so stock return may not be ...
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Econlit

... consisting of 225 banks and 856 observations. Applying stochastic frontier estimation procedures, we compute profit and cost efficiency taking account of both time and country effects directly. In second-stage regressions, we use the efficiency measures along with return on assets to investigate the ...
Impact of FAS 157 on contribution accounting
Impact of FAS 157 on contribution accounting

... Step 1: Determine what is being measured (the "unit of account" and its attributes for each asset or liability) Marty will first determine the "unit of account" (i.e., what is being measured) for each item. As discussed in FAS 157, paragraph 6, the unit of account is determined based on other appli ...
Fund Facts - Class FV
Fund Facts - Class FV

... This document contains key information you should know about the Class FV Units of the Fiera Capital Global Equity Fund. You can find more detailed information in the fund’s simplified prospectus. Ask your representative for a copy or contact Fiera Capital Corporation at 1 800 265-1888, or retailmar ...
Finance and Growth: A Survey of the Theoretical and Empirical
Finance and Growth: A Survey of the Theoretical and Empirical

... restrictions remained. The Belgian financial system at that time featured some major innovations, like the creation of the first joint-stock bank, which was designed to promote the process of industrial development. Despite some shortcomings (e.g. the neglect of short-term commercial credit before 1 ...
Ana Irimia Dieguez - EMN Annual Conference
Ana Irimia Dieguez - EMN Annual Conference

... 6. Conclusions and future lines of research 1. The empirical study of Latin-American MFIs allows us to conclude on the explanatory power of “Solvency” (in a positive way) and “Default” (in a negative sense) with respect to financial sustainability. Furthermore, considering the wide sample of MFIs u ...
slides Trannoy
slides Trannoy

... The movement of the Soviet Union to a market economy will greatly enhance the prosperity of your citizens. Your economists have learned much from the experience of nations with economies based in varying degrees on free markets… It is important that the rent of land be retained as a source of govern ...
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... concentrated in only a few sectors and regions. The country's specialisation in automotive and electronics manufacturing accounts for a significant proportion of domestic output and is concentrated mainly in the western region. Lack of appropriate infrastructure hampers investment in other regions, ...
Building Readiness of the Private Sector in Bangladesh for GCF
Building Readiness of the Private Sector in Bangladesh for GCF

... and private investors, among others. In Bangladesh, SMEsiii are the backbone of the national economy. The International Monetary Fund (IMF) Country Report (2012) indicated that SMEs in Bangladesh accounted for more than 99% of private sector industrial establishments and created job opportunities fo ...
Utility Cost of Capital
Utility Cost of Capital

... • Imagine a rental house that costs $100,000 can be rented for a $10,000 annual profit after all expenses. • If the house is financed with all equity the return is 10%. • However, if 90% of the money can be borrowed at 5%, then the net profit will be $10,000 minus $90,000 times 0.05 or $10,000 minus ...
Investment Financing and Financial Development: Firm Level Evidence from Vietnam
Investment Financing and Financial Development: Firm Level Evidence from Vietnam

... across firms, the results are strongest for private domestic firms, especially small- and medium-sized enterprises. There does not appear to be any effect on foreign firm investment financing of an increase in financial depth or increased allocation of credit on marketbased terms in the host economy ...
US Treasury Securities
US Treasury Securities

... forces of supply and demand that affect the market for these securities. But because they are federal government issues, they also enjoy a strong reputation for safety. ...
What Australian Investors Need to Know to Diversify
What Australian Investors Need to Know to Diversify

... we calculate two measures of risk using daily data and include one that reflect extreme events. Previous academic research [5, 2, 6, 3] has analyzed the optimal portfolio sizes for an average investor. We build on our predecessors’ contributions by estimating confidence bands around the average num ...
Estimating the Expected Marginal Rate of Substitution
Estimating the Expected Marginal Rate of Substitution

... where: β 0j is an asset-specific intercept, β i j is a set of I asset-specific factor coefficients and f i ,t a vector of time-varying factors. Both assumptions are common in the literature; Campbell, Lo and MacKinlay (1997) and Cochrane (2001) provide excellent discussions. With these two assumptio ...
research paper series  Research Paper 2006/19
research paper series Research Paper 2006/19

... markets, and the unconstrained behavior of exporting firms. The dichotomy between domesticallyoriented firms and exporters derives mainly from the fact that for domestic producers credit is more constrained because they have domestic currency collateral assets that deteriorate in value after a crisi ...
harvard, yale, and alternative investments: a post
harvard, yale, and alternative investments: a post

... Proprietary and confidential. Please do not redistribute or post on the Internet without written permission. The information provided does not constitute investment advice and it should not be relied on as such. All material has been obtained from sources believed to be reliable, but its accuracy is ...
Why Do Countries Use Capital Controls?
Why Do Countries Use Capital Controls?

... controls on inflows but not of controls on outflows. Other variables, however, are found to be robust determinants of both controls on inflows and outflows. O The results imply that the use of capital controls for balance of payments purposes is a fragile proposition, once allowance is made for the ...
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Public finance

Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.The purview of public finance is considered to be threefold: governmental effects on (1) efficient allocation of resources, (2) distribution of income, and (3) macroeconomic stabilization.
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