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ordinance: master of commerce
ordinance: master of commerce

... The duration of the course leading to the degree of Master of Commerce shall be two academic years. Each year shall be divided into two semesters. The examination for the first and the third semesters shall ordinarily be held in the month of December and for the second and the fourth semesters in th ...
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... Personal tax avoidance. It could be argued that although dividends are more heavily taxed, this does not mean that they are undesired. The fact that there are many ways of avoiding personal tax payment makes the level of dividend payment irrelevant from the point of view of personal taxes. Miller an ...
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... I am proud of this team. ­Allianz is a different company today from the one I joined in 2008. ­Besides being more profitable, we have become more versatile, more efficient and more responsive. This is the lasting legacy of Michael Diekmann, my predecessor as Chairman of the Board of Management. In ...
Comovement Among Stocks with Similar Book-to
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... boundary of the S&P/Barra indexes to make trading decisions. If the results are being driven by effects other than style investor sentiment, the same results should be found in the data prior to 1992. However, the empirical patterns found in support of the style investing hypothesis are not found in ...
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... suggestions for it, where the case company is an example of a company without continuity plan; but the collected information does give an impression of the existing difficulties and the solution afterwards. ...
Word - corporate
Word - corporate

... unavailable to privately-held competitors. The firm approaches trading with an emphasis on high turnover as opposed to high leverage. KCG does not offer additional services, such as investment banking, research or lending, commonly provided by global banks and institutional brokers. Rather, KCG conc ...
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... statements. Some may argue that CEO certification will not reveal any new information to investors because certification is a SEC-imposed requirement that all firms must comply with. However, note that the sudden imposition by the SEC of CEO certification represents the first time that a governmenta ...
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... billion representing 56 percent of the total sum set aside. The number of projects that benefitted from the scheme also increased to 302 projects in 2007, from 248 in 2006 (CBN, 2007). The CBN found the reasons for the slow pace in utilization of the SMIEIS fund to include: the desire of the Banks ...
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... p. 142). The use of praise, approbation and flattery in order to raise a person’s selfesteem are all forms of other enhancement. Rendering favors, the second tactic, is often combined with the technique of other enhancement and is based on the concept that the target individual will feel a sense of ...
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when hedge funds betray a creditor committee`s fiduciary role
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... CEOs increases, potentially leading to an increase in performance. Second, the policy can affect the level and structure of pay such that there is a better alignment of pay to performance. Our results show that Say on Pay has a strong positive impact on firm accounting and operational performance i ...
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... These activities are carried out by our SSI division. Created at the end of 2002, today its portfolio comprises four main companies: WeDo, Bizdirect, Mainroad and Saphety. WeDo is a provider of proprietary systems integration products and consultancy services, with a particular focus in the telecom ...
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... instrumental logic, which is predicated on the rational pursuit of organizational goals (Polletta & Jasper, 2001; Rowley & Moldoveanu, 2003). Both cognitive structures work simultaneously to influence issue interpretation. Managers interpret a stakeholder issue as salient based on its relationship t ...
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... Date is based on our internal funding rates. Our estimated value of the Securities may be lower if such valuation were based on the levels at which our benchmark debt securities trade in the secondary market. Our estimated value of the Securities on the Trade Date is less than the initial issue pric ...
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... general assembly, which in practice almost invariably mandates the board of directors to take this decision.1 Firms also changed in response to globalization. For example, the use of option schemes to reward top managers in Swedish firms became popular in the late 1990s. However, variable pay, though ...
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Do Smooth Earnings Lower Investors` Perceptions of Investment Risk?

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... as non-performing loans were reduced to P9.0 billion by the end of 2015. Non-performing loan (NPL) ratios decreased to 0.25% (net of valuation reserves) and 2.61% (at gross) from 0.92% and 3.42%, respectively, a year ago. NPL coverage improved to 125.57% from 99.19% end of 2014. The Bank’s real and ...
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... properly identify and assess the risks faced in the short- and long-term, and to which they are or could be exposed. The Authority proposes to require that insurers be able to explain and justify their CISSA assessment in its entirety (e.g. the methodology used, key assumptions, results of the asses ...
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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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