... One is the ratio of affiliate production (gross product) to GDP and the other two are ratios of affiliate to total employment. The ranges in the importance of U.S. affiliates are huge. The production ratios go from a low of about one tenth of one per cent in India and China to over 8 per cent in Sin ...
the effect of shareholder activism on corporate strategy
... and hedging restrictions that require companies to disclose whether they allow certain employees to hedge their stocks and options to determine alignment with shareholders’ interests. COMMUNICATIONS AND ENGAGEMENT Two-thirds of the board members (63%) we surveyed in the fall of 2015 as part of our 2 ...
... and hedging restrictions that require companies to disclose whether they allow certain employees to hedge their stocks and options to determine alignment with shareholders’ interests. COMMUNICATIONS AND ENGAGEMENT Two-thirds of the board members (63%) we surveyed in the fall of 2015 as part of our 2 ...
Visual Quantitative Finance: A New Look at
... The trends include shifts in investor attitudes and the emergence of new investment alternatives being driven by the application of quantitative finance. I also talk about the personal “discovery” that motivated me to write this book. Like most people involved in asset management, I have struggled o ...
... The trends include shifts in investor attitudes and the emergence of new investment alternatives being driven by the application of quantitative finance. I also talk about the personal “discovery” that motivated me to write this book. Like most people involved in asset management, I have struggled o ...
Earnings adjustments for corrective contributions
... been, a reasonable interest rate may be used. For this purpose, the interest rate used by the Department of Labor’s Voluntary Fiduciary Correction Program Online Calculator (“VFCP Online Calculator”) is deemed to be a reasonable interest rate. Guidelines for calculating earnings adjustments In gener ...
... been, a reasonable interest rate may be used. For this purpose, the interest rate used by the Department of Labor’s Voluntary Fiduciary Correction Program Online Calculator (“VFCP Online Calculator”) is deemed to be a reasonable interest rate. Guidelines for calculating earnings adjustments In gener ...
Chapters 1 and 2
... from contributions, and some support from "clients" who use their services. 2. Instead of profit, NFP organizations may have as their goals: a. Maximization of the quantity of output, subject to a breakeven constraint. b. Maximization of the utility (happiness) of NFP administrators. c. Maximization ...
... from contributions, and some support from "clients" who use their services. 2. Instead of profit, NFP organizations may have as their goals: a. Maximization of the quantity of output, subject to a breakeven constraint. b. Maximization of the utility (happiness) of NFP administrators. c. Maximization ...
Introduction to High-Yield Bond Covenants
... bondholder without using the proceeds to either: a) reinvest in the business or b) offer to pay back bondholders at par (a “Net Proceeds Offer”). Asset sales are usually defined as a transaction of material size to the company; proceeds need to represent “fair market value” of the assets being sold ...
... bondholder without using the proceeds to either: a) reinvest in the business or b) offer to pay back bondholders at par (a “Net Proceeds Offer”). Asset sales are usually defined as a transaction of material size to the company; proceeds need to represent “fair market value” of the assets being sold ...
Advances in Environmental Biology Mohsen Dastgir,
... Investment inefficiency also means ignoring investment opportunities with positive net present value (low investment) and choosing projects with negative net present value (overinvestment) [19]. Overconfident managers due to excessive optimism may incorrectly predict free cash flows obtained from th ...
... Investment inefficiency also means ignoring investment opportunities with positive net present value (low investment) and choosing projects with negative net present value (overinvestment) [19]. Overconfident managers due to excessive optimism may incorrectly predict free cash flows obtained from th ...
3.6 Ratio Analysis
... Low gearing is a “safe” business strategy, but could indicate that management is not using borrowing as a strategy to expand the business which limits growth. The gearing ratio can be lowered by raising cash in other ways: selling more stock, decreasing the dividend. Result: “pump up” capital withou ...
... Low gearing is a “safe” business strategy, but could indicate that management is not using borrowing as a strategy to expand the business which limits growth. The gearing ratio can be lowered by raising cash in other ways: selling more stock, decreasing the dividend. Result: “pump up” capital withou ...
Extreme Value Theory in Finance
... function FL , then we define VaR at level α ∈ (0, 1) as VaR∆ α (L) = inf{x ∈ R : P (L > x) ≤ 1 − α} = inf{x ∈ R : FL (x) ≥ α}. Typical values of α are 0.95 and 0.99, while ∆ usually is 1 day or 10 days. For an overview on VaR in a more economic setting we refer to [24]. Although intuitively a good c ...
... function FL , then we define VaR at level α ∈ (0, 1) as VaR∆ α (L) = inf{x ∈ R : P (L > x) ≤ 1 − α} = inf{x ∈ R : FL (x) ≥ α}. Typical values of α are 0.95 and 0.99, while ∆ usually is 1 day or 10 days. For an overview on VaR in a more economic setting we refer to [24]. Although intuitively a good c ...
week-7-8-ethics-in-functional-areas
... ● In case of disclosing business secrecy, inventions, future plans which are exclusive to the company ● Whenever an employee remarks are irrelevant to the organization work and product ● In case of wrong accusations which cannot be proved ● Complaining against transfer, demotions, when such action i ...
... ● In case of disclosing business secrecy, inventions, future plans which are exclusive to the company ● Whenever an employee remarks are irrelevant to the organization work and product ● In case of wrong accusations which cannot be proved ● Complaining against transfer, demotions, when such action i ...
Reducing the Fear of Inflation with TIPS
... Commodities? Real assets? They all have their cheerleaders but for many investors, there continues to be a search for an investment of choice when it comes to combating short-term inflation. Recently, investors have been using U.S. Treasury Inflation Protected Securities (TIPS) – to hedge against th ...
... Commodities? Real assets? They all have their cheerleaders but for many investors, there continues to be a search for an investment of choice when it comes to combating short-term inflation. Recently, investors have been using U.S. Treasury Inflation Protected Securities (TIPS) – to hedge against th ...
Racial/Ethnic Disparities in Risky Asset Ownership
... The racial gap in this respect can be divided into two parts: one part of explained difference (expressed as the first term in the equation) due to the differences in household characteristics we include in the model, and another part of unexplained difference due to the inability to include unmeas ...
... The racial gap in this respect can be divided into two parts: one part of explained difference (expressed as the first term in the equation) due to the differences in household characteristics we include in the model, and another part of unexplained difference due to the inability to include unmeas ...
Document
... your time at Accelerator participating in the decisions regarding scientific, business, intellectual property, and management aspects of potential start-up companies. The fellow has the opportunity to work and interact with the Accelerator team as well as experienced scientists and investors from th ...
... your time at Accelerator participating in the decisions regarding scientific, business, intellectual property, and management aspects of potential start-up companies. The fellow has the opportunity to work and interact with the Accelerator team as well as experienced scientists and investors from th ...
Financial literacy - Fairfield Public Schools
... How does higher risk require a higher return? What are the differences between bonds, stocks, cash, and real estate as investments? How are investment strategies linked to your ...
... How does higher risk require a higher return? What are the differences between bonds, stocks, cash, and real estate as investments? How are investment strategies linked to your ...
How working capital management affects the profitability of Afriland
... working capital management on the profitability of firms, Vida et al (2011) verified the relationship between working capital management and corporate profitability, they noticed that the cash conversion cycle had a significant relationship with profitability. Sharma (2011) used a sample of Indian f ...
... working capital management on the profitability of firms, Vida et al (2011) verified the relationship between working capital management and corporate profitability, they noticed that the cash conversion cycle had a significant relationship with profitability. Sharma (2011) used a sample of Indian f ...
NBER WORKING PAPER SERIES INDIVIDUAL INVESTOR MUTUAL-FUND FLOWS Zoran Ivkovich Scott Weisbenner
... trades investors in the sample made over the six-year period. They are second only to common stocks (which account for around two-thirds of the overall value of the investments in the sample). A number of households have multiple accounts (such as one taxable and one-tax-deferred account); the medi ...
... trades investors in the sample made over the six-year period. They are second only to common stocks (which account for around two-thirds of the overall value of the investments in the sample). A number of households have multiple accounts (such as one taxable and one-tax-deferred account); the medi ...
( Right Click Save As )
... forms but the main issue is that the bank uses the information advantage it gains from conducting both activities to its own advantage. If a bank has outstanding loans to a corporation, and prior to public knowledge finds out that the firm is in financial trouble, a bank may underwrite bonds on beha ...
... forms but the main issue is that the bank uses the information advantage it gains from conducting both activities to its own advantage. If a bank has outstanding loans to a corporation, and prior to public knowledge finds out that the firm is in financial trouble, a bank may underwrite bonds on beha ...