1 EVALUATING THE SHAREHOLDER PRIMACY THEORY
... corporate strategy.14 Directors are, under the common law and the Corporations Act, accountable to shareholders in some important respects, but this does not mean that their interests must always be preferred over other stakeholders,15 and the limited control rights which shareholders enjoy are, in ...
... corporate strategy.14 Directors are, under the common law and the Corporations Act, accountable to shareholders in some important respects, but this does not mean that their interests must always be preferred over other stakeholders,15 and the limited control rights which shareholders enjoy are, in ...
1/20/04 All rights reserved IS EQUITY
... $170 million per company per year and does not include other forms of equity compensation, such as restricted stock, deferred stock, or stock appreciation rights. Employees who receive stock options and other forms of equity compensation benefit in two ways if share prices rise. First, and most obvi ...
... $170 million per company per year and does not include other forms of equity compensation, such as restricted stock, deferred stock, or stock appreciation rights. Employees who receive stock options and other forms of equity compensation benefit in two ways if share prices rise. First, and most obvi ...
Directors` of Research, subordinate analysts and
... subordinate analysts’ coverage firms and find economically stronger effects for analysts working under connected DORs (Cohen et al., 2010; Bradley, Gokkaya and Liu, 2015b). However, DORs without such connections continue to provide significant benefits to subordinate analysts, suggesting that impro ...
... subordinate analysts’ coverage firms and find economically stronger effects for analysts working under connected DORs (Cohen et al., 2010; Bradley, Gokkaya and Liu, 2015b). However, DORs without such connections continue to provide significant benefits to subordinate analysts, suggesting that impro ...
Growth and strategies of large, lead firms - Remgro Ltd
... value-added services to clients in the construction, mining, and industrial sectors in South Africa and abroad. Unbundled from Imperial Holdings in 2008. KAP Industrial: Investment holding specialising in logistics, passenger transport, timber and industrial manufacturing to clients primarily in eme ...
... value-added services to clients in the construction, mining, and industrial sectors in South Africa and abroad. Unbundled from Imperial Holdings in 2008. KAP Industrial: Investment holding specialising in logistics, passenger transport, timber and industrial manufacturing to clients primarily in eme ...
What caused the collapse of Lehman Brothers?
... entry into investment banking by virtue of the repeal of the Glass-Steagall Act. Competing with commercial banks was a huge task for Lehman; hence the easiest way to compete was to utilize high amounts of leverage, thereby taking on more risk. For an investment bank, the processing and absorption of ...
... entry into investment banking by virtue of the repeal of the Glass-Steagall Act. Competing with commercial banks was a huge task for Lehman; hence the easiest way to compete was to utilize high amounts of leverage, thereby taking on more risk. For an investment bank, the processing and absorption of ...
Large Price Changes and Subsequent Returns
... • It then verifies the actual date on which earnings will be released by using company announcements, information on the company website, or private communications with the company. • DTV events: Once it is able to verify an earnings report date, WSH changes the status of the expected earnings relea ...
... • It then verifies the actual date on which earnings will be released by using company announcements, information on the company website, or private communications with the company. • DTV events: Once it is able to verify an earnings report date, WSH changes the status of the expected earnings relea ...
The IMF and Danmarks Nationalbank`s Balance Sheet
... Besides quota resources and holdings of SDR Danmarks Nationalbank's lending via a special arrangement, the Poverty Reduction and Growth Facility, PRGF, of kr. 0.6 billion at end-2002 is also stated on the asset side of the balance sheet. Finally, Danmarks Nationalbank's participation in the New Arra ...
... Besides quota resources and holdings of SDR Danmarks Nationalbank's lending via a special arrangement, the Poverty Reduction and Growth Facility, PRGF, of kr. 0.6 billion at end-2002 is also stated on the asset side of the balance sheet. Finally, Danmarks Nationalbank's participation in the New Arra ...
AdamsSafe Harbors - Digital Access to Scholarship at Harvard
... financial crisis and the Lehman bankruptcy, some scholars have suggested that exempting these financial contracts from bankruptcy may have exacerbated other kinds of systemic risk and contributed to the decision to bail out systemically important financial institutions (SIFIs) instead of allowing th ...
... financial crisis and the Lehman bankruptcy, some scholars have suggested that exempting these financial contracts from bankruptcy may have exacerbated other kinds of systemic risk and contributed to the decision to bail out systemically important financial institutions (SIFIs) instead of allowing th ...
Guideline - OSFI-BSIF
... minimum Total Ratio of 100% may be considered acceptable. However, life insurers are exposed to more risks than those for which calculations are specified. Consequently, the minimum Total Ratio for life insurers is set at 120% rather than 100% to cover operational risks that are not explicitly measu ...
... minimum Total Ratio of 100% may be considered acceptable. However, life insurers are exposed to more risks than those for which calculations are specified. Consequently, the minimum Total Ratio for life insurers is set at 120% rather than 100% to cover operational risks that are not explicitly measu ...
Form ADV Part 2
... Assets of Wealthfront are managed as part of the Wealthfront Program (See Wealthfront Program Brochure attached). A Wealthfront Program account (technically known as a “wrap account”) is a professionally managed investment plan in which all expenses, including brokerage commissions, management fees, ...
... Assets of Wealthfront are managed as part of the Wealthfront Program (See Wealthfront Program Brochure attached). A Wealthfront Program account (technically known as a “wrap account”) is a professionally managed investment plan in which all expenses, including brokerage commissions, management fees, ...
The Non-Taxation of Liquidity
... public equity markets, and many other elements of financial intermediation facilitate connections between buyers and sellers of capital, thereby making capital exchange more rapid and less expensive—and thus more liquid. If such liquidity is untaxed, then it will be overproduced and the financial se ...
... public equity markets, and many other elements of financial intermediation facilitate connections between buyers and sellers of capital, thereby making capital exchange more rapid and less expensive—and thus more liquid. If such liquidity is untaxed, then it will be overproduced and the financial se ...
- Zodiac Aerospace
... letter of intent with a view to acquiring the firm of IMS, an American company specialized in “Seat Centric” IFE systems. Subject to obtaining the regulatory authorizations and the signing of the final contract, this acquisition should be finalized before end-2012. The purchase of IMS will enable us ...
... letter of intent with a view to acquiring the firm of IMS, an American company specialized in “Seat Centric” IFE systems. Subject to obtaining the regulatory authorizations and the signing of the final contract, this acquisition should be finalized before end-2012. The purchase of IMS will enable us ...
Essays on the Forecasting Power of Implied Volatility
... volatility for future realized returns. This is presumably because in an efficient market, returns are, by definition, unforecastable. This may not be completely true, however, if we start with the assumption that implied volatility is a risk factor separate from or adding to realized volatility. In ...
... volatility for future realized returns. This is presumably because in an efficient market, returns are, by definition, unforecastable. This may not be completely true, however, if we start with the assumption that implied volatility is a risk factor separate from or adding to realized volatility. In ...
HERCULES TECHNOLOGY GROWTH CAPITAL INC
... backed by financial sponsors have been unable to obtain sufficient growth financing from traditional lenders, including financial services companies such as commercial banks and finance companies because traditional lenders have continued to consolidate and have adopted a more risk-averse approach t ...
... backed by financial sponsors have been unable to obtain sufficient growth financing from traditional lenders, including financial services companies such as commercial banks and finance companies because traditional lenders have continued to consolidate and have adopted a more risk-averse approach t ...
162/16 - Manitoba Public Utilities Board
... calculated in accordance with accepted actuarial practice in Canada. The Board has previously commented, and continues to hold the view, based on the evidence before it in this Application, that ratemaking in accordance with accepted actuarial practice will serve to simplify the ratemaking process. ...
... calculated in accordance with accepted actuarial practice in Canada. The Board has previously commented, and continues to hold the view, based on the evidence before it in this Application, that ratemaking in accordance with accepted actuarial practice will serve to simplify the ratemaking process. ...
Management - Test bank Shop
... Al Davis and his friends wanted to start their own car detailing business. In order to differentiate their cleaning services from others, they would break down the various jobs associated with cleaning the entire car, and each would work on their specialty. With which of the following management app ...
... Al Davis and his friends wanted to start their own car detailing business. In order to differentiate their cleaning services from others, they would break down the various jobs associated with cleaning the entire car, and each would work on their specialty. With which of the following management app ...
Technological Progress, Industry Rivalry, and Stock Returns
... A society’s rate of technological progress is the key determinant of growth in the economy. Technological progress refers to the perpetual process through which new inventions make existing technologies obsolete (Schumpeter (1934)). A large body of work in industrial organization and on the economic ...
... A society’s rate of technological progress is the key determinant of growth in the economy. Technological progress refers to the perpetual process through which new inventions make existing technologies obsolete (Schumpeter (1934)). A large body of work in industrial organization and on the economic ...
State of the Markets
... otherwise transferred without its prior written consent and, therefore, it may be impossible for you to transfer any Swap Transaction to a third party; (iii) Credit Risk: Because Goldman Sachs, or one of its affiliates, may be obligated to make substantial payments to you during the term of a Swap T ...
... otherwise transferred without its prior written consent and, therefore, it may be impossible for you to transfer any Swap Transaction to a third party; (iii) Credit Risk: Because Goldman Sachs, or one of its affiliates, may be obligated to make substantial payments to you during the term of a Swap T ...
Kingfisher Annual Report and Accounts 2006/07
... Consolidated income statement Consolidated statement of recognised income and expense ...
... Consolidated income statement Consolidated statement of recognised income and expense ...
DEUTSCHE BANK AKTIENGESELLSCHAFT (Form
... volatility of the assets underlying the securities or any futures, options or swaps related to such underlying assets. Our internal pricing models are proprietary and rely in part on certain assumptions about future events, which may prove to be incorrect. The Issuer’s estimated value of the securit ...
... volatility of the assets underlying the securities or any futures, options or swaps related to such underlying assets. Our internal pricing models are proprietary and rely in part on certain assumptions about future events, which may prove to be incorrect. The Issuer’s estimated value of the securit ...
The Separation of Ownership and Control and Corporate Tax
... Our first analysis compares the income tax avoidance of management-owned and PEbacked private firms. We predict that management-owned firms avoid less tax than PE-backed firms because management-owned firms have more highly concentrated ownership and control than PE-backed firms. Our prediction is b ...
... Our first analysis compares the income tax avoidance of management-owned and PEbacked private firms. We predict that management-owned firms avoid less tax than PE-backed firms because management-owned firms have more highly concentrated ownership and control than PE-backed firms. Our prediction is b ...
Document
... and the titles of the talent programmes that were operating have been changed. It is essentially a public organization and as such provided a suitable setting to explore employee attitudes and expectations given that theory (see above) suggests that differences could be accentuated in public organiz ...
... and the titles of the talent programmes that were operating have been changed. It is essentially a public organization and as such provided a suitable setting to explore employee attitudes and expectations given that theory (see above) suggests that differences could be accentuated in public organiz ...
words
... Our EMEA segment serves customers in Europe, the Middle East and Africa primarily under the Steelcase and Coalesse brands, with an emphasis on freestanding furniture systems, storage and seating solutions. Our largest presence is in Western Europe, where we believe we have the leading market share i ...
... Our EMEA segment serves customers in Europe, the Middle East and Africa primarily under the Steelcase and Coalesse brands, with an emphasis on freestanding furniture systems, storage and seating solutions. Our largest presence is in Western Europe, where we believe we have the leading market share i ...