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share issuance and equity returns in the istanbul stock exchange
share issuance and equity returns in the istanbul stock exchange

... In Turkish markets, capital structure changes occur mostly via rights offerings. A rights offering is a type of issuance of additional shares by a company to raise capital. A rights issue is a special form of shelf offering or shelf registration. With the issued rights, existing shareholders have th ...
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... issuer credit downgrades, illiquid markets, and historically low yields on the securities they can hold. There have been a very small number of money funds in other fund complexes that have “broken the buck,” which means that those funds’ investors did not receive $1.00 per share for their investmen ...
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FACTORS INFLUENCING THE PATRONAGE OF STOCKS ON THE

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... Stocks rebound up to 50%; both earnings and valuations snap back as a mountain of cash is returned to the capital markets. The year-end S&P 500 close would be about 1365. The bond market returns high-single digits as income and price appreciation, from Corporate Bonds in particular, more than offset ...
The International Balance Sheets of China and India
The International Balance Sheets of China and India

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Average VAIC™ (over the years 2007-2009) and KM maturity
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Investment Financing and Financial Development: Firm Level Evidence from Vietnam

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Financial system and economic growth
Financial system and economic growth

... The stock market can play a role of effective monitoring because firms’ stock price will fall with bad performances and finally will be taken over by others in the stock market. Thus the managers must make all-out efforts to maximize the value of firms in the stock market, naturally leading to the b ...
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15 THEORIES OF INVESTMENT EXPENDITURES

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... Changing the structure of the share capital of the Issuer consists in: - Redemption of 889,137 shares of A series, - Redemption of 2,336,536 shares of CB series At the same time Quercus TFI S.A informs about lowering the share capital of the Issuer as of 6 September 2015 in connection with registeri ...
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Commercial Real Estate: New Paradigm or Old Story?

... more liquid, and more transparent than they used to be. Plus, broader capital market forces, like lower interest rates and a general smoothing of the business cycle, have propped up prices across nearly all asset classes. For these reasons, we believe that in the long term, real estate valuations ca ...
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Heartland Group, Inc.
Heartland Group, Inc.

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Inter-generational Redistribution in the Great Recession
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... a calibrated version of the model to quantify how the welfare costs of severe recessions are distributed across different age groups. The model predicts that younger cohorts fare better than older cohorts when the equilibrium decline in asset prices is large relative to the decline in wages. Asset p ...
dividend policy, signal information for the capital market
dividend policy, signal information for the capital market

... on the firms. In this category includes models developed by Lintner (1956) and by the researchers who developed its theory. They do not attempt to provide the answer to the question "How should it happen?", but also tries to offer an answer to the question” why it happens as it actually happens?”. T ...
Chapter 14
Chapter 14

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How do you manage a with-profits firm under IFRS 4 Phase II?
How do you manage a with-profits firm under IFRS 4 Phase II?

... CSM, and therefore, would lead to significant volatility in profits for a withprofits contract. • Unless IFRS 4 profits are aligned to shareholder transfers, there will be significant volatility in the P&L account and a mismatch between reality, which will require further explanation / clarification ...
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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds, corporations, charities, educational establishments etc.) or private investors (both directly via investment contracts and more commonly via collective investment schemes e.g. mutual funds or exchange-traded funds).The term asset management is often used to refer to the investment management of collective investments, while the more generic fund management may refer to all forms of institutional investment as well as investment management for private investors. Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management often within the context of so-called ""private banking"".The provision of investment management services includes elements of financial statement analysis, asset selection, stock selection, plan implementation and ongoing monitoring of investments. Coming under the remit of financial services many of the world's largest companies are at least in part investment managers and employ millions of staff.Fund manager (or investment advisor in the United States) refers to both a firm that provides investment management services and an individual who directs fund management decisions.According to a Boston Consulting Group study, the assets managed professionally for fees reached an all-time high of US$62.4 trillion in 2012, after remaining flat-lined since 2007. Furthermore, these industry assets under management were expected to reach US$70.2 trillion at the end of 2013 as per a Cerulli Associates estimate.The global investment management industry is highly concentrated in nature, in a universe of about 70,000 funds roughly 99.7% of the US fund flows in 2012 went into just 185 funds. Additionally, a majority of fund managers report that more than 50% of their inflows go to just three funds.
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