Progress Report on Inclusion of Enhanced Contractual Provisions in
... October 2014 Board discussion, Directors noted that bonds issued by euro area sovereigns are required to include a CAC that allows for either a series-by-series or a two-limb aggregated voting procedure. Taking into account the fact that bond issuances by euro area sovereigns are, in most cases, gov ...
... October 2014 Board discussion, Directors noted that bonds issued by euro area sovereigns are required to include a CAC that allows for either a series-by-series or a two-limb aggregated voting procedure. Taking into account the fact that bond issuances by euro area sovereigns are, in most cases, gov ...
Offering Memorandum - Morrison Laurier Mortgage Corporation
... Certain statements contained in this Offering Memorandum constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact are forwardlooking statements. The use of any of the words “anticipate”, “contin ...
... Certain statements contained in this Offering Memorandum constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact are forwardlooking statements. The use of any of the words “anticipate”, “contin ...
RRSP vs TFSA - Pro
... That pot of gold can be different for everybody. It could be an exotic holiday, a vacation home, or just to be able to provide a university education for the children. Many people, as they start to approach “retirement years”, would like to at least maintain or improve the same lifestyle that they h ...
... That pot of gold can be different for everybody. It could be an exotic holiday, a vacation home, or just to be able to provide a university education for the children. Many people, as they start to approach “retirement years”, would like to at least maintain or improve the same lifestyle that they h ...
Technology Transfer and Spillovers in International Joint
... conflicting interests with respect to sharing cash flow rights. However, a multinational may voluntarily agree to a joint venture if this induces the host country to introduce a more favorable policy vis à vis the foreign subsidiary. On the other hand, there are also circumstances where it is not ...
... conflicting interests with respect to sharing cash flow rights. However, a multinational may voluntarily agree to a joint venture if this induces the host country to introduce a more favorable policy vis à vis the foreign subsidiary. On the other hand, there are also circumstances where it is not ...
e - Homework Minutes
... Therefore, better governance would mean that an investor’s fund would be better used to give excess returns to shareholders. The returns may be in the form of dividends and/or increased market value. In either way, it means that governance achieves this excess by operating performance. Those firms w ...
... Therefore, better governance would mean that an investor’s fund would be better used to give excess returns to shareholders. The returns may be in the form of dividends and/or increased market value. In either way, it means that governance achieves this excess by operating performance. Those firms w ...
Conflicts of Interest in the Financial Services Industry
... authors to contribute their ideas on a topic so important for the healthy functioning of the world's capital markets. Richard Portes CEPR ...
... authors to contribute their ideas on a topic so important for the healthy functioning of the world's capital markets. Richard Portes CEPR ...
What are the relevant factors and risk characteristics that determined
... average effective rents and yields for institutional high quality real estate. The total return series from the National Council of Real Estate Investment Fiduciaries (NCREIF) index consist of data from the U.S. Appraisal based index. NCREIF provides return data if there are more than four property ...
... average effective rents and yields for institutional high quality real estate. The total return series from the National Council of Real Estate Investment Fiduciaries (NCREIF) index consist of data from the U.S. Appraisal based index. NCREIF provides return data if there are more than four property ...
Bonds Payable
... Even if a corporation’s bonds are not callable, the firm can buy back the bonds—all of them, or as many as it can find, on the open market. Vince Fabrics has $1,000,000 worth of 7 percent bonds outstanding, on which there is an unamortized premium of $30,000. On July 15, Vince Fabrics buys $100, ...
... Even if a corporation’s bonds are not callable, the firm can buy back the bonds—all of them, or as many as it can find, on the open market. Vince Fabrics has $1,000,000 worth of 7 percent bonds outstanding, on which there is an unamortized premium of $30,000. On July 15, Vince Fabrics buys $100, ...
CAPITAL MARKETS PRODUCT RISK BOOK
... instruments, description of risks, difference between investment and hedging) and summarises the existing MiFID asset classes. Part B describes the Capital Markets Products and their respective characteristics. This Product Risk Book does not constitute investment advice (nor any other advice of wha ...
... instruments, description of risks, difference between investment and hedging) and summarises the existing MiFID asset classes. Part B describes the Capital Markets Products and their respective characteristics. This Product Risk Book does not constitute investment advice (nor any other advice of wha ...
Liquidity Shocks and the Business Cycle: What next?
... the amount of trade despite gains from trade. When these shocks are sufficiently strong, they will drive aggregate investment below efficient levels as entrepreneurs will not be able to access enough external financing. These shocks also cause a wedge between the price of capital and its replacement ...
... the amount of trade despite gains from trade. When these shocks are sufficiently strong, they will drive aggregate investment below efficient levels as entrepreneurs will not be able to access enough external financing. These shocks also cause a wedge between the price of capital and its replacement ...
PDF - Deutsche Bank
... Adjusted for netting of derivatives and certain other components Shareholders’ equity divided by the number of basic shares outstanding (both at period end) Comprises pro-forma fully loaded CET1, plus all current eligible AT1 outstanding (under phase-in). Assumes that new eligible AT1 will be issued ...
... Adjusted for netting of derivatives and certain other components Shareholders’ equity divided by the number of basic shares outstanding (both at period end) Comprises pro-forma fully loaded CET1, plus all current eligible AT1 outstanding (under phase-in). Assumes that new eligible AT1 will be issued ...
Examining the effect of family control on firm value and
... succession in a firm owned and managed by its founder where the founder decides (1) between hiring a professional manager or leaving management to its family and (2) on what fraction of the company to float on the stock exchange. The two paradigms of corporate governance are combined in the single m ...
... succession in a firm owned and managed by its founder where the founder decides (1) between hiring a professional manager or leaving management to its family and (2) on what fraction of the company to float on the stock exchange. The two paradigms of corporate governance are combined in the single m ...
The information content of share repurchases
... Why do firms repurchase shares: free cash flow or information signaling? We examine UK repurchase execution announcements, which are compulsory and timely disclosures of actual ordinary share repurchases on the London Stock Exchange (LSE). More specifically, we compare the operating performance, ca ...
... Why do firms repurchase shares: free cash flow or information signaling? We examine UK repurchase execution announcements, which are compulsory and timely disclosures of actual ordinary share repurchases on the London Stock Exchange (LSE). More specifically, we compare the operating performance, ca ...
INFORMATION STATEMENT of BNP Paribas, a French incorporated
... subordinated debt into equity, and, more generally, ensure that any losses are borne by banks’ shareholders and creditors. These measures, if adopted, may restrict the Bank’s ability to allocate and apply capital and funding resources, limit its ability to diversify risk and increase its funding cos ...
... subordinated debt into equity, and, more generally, ensure that any losses are borne by banks’ shareholders and creditors. These measures, if adopted, may restrict the Bank’s ability to allocate and apply capital and funding resources, limit its ability to diversify risk and increase its funding cos ...
Portugal: JESSICA evaluation study
... Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organisation of member firms around the world devoted to excellence in providing professional services and advice, focused on ...
... Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organisation of member firms around the world devoted to excellence in providing professional services and advice, focused on ...
DOC - Investor Relations
... Notes to the Consolidated Financial Statements For the years ended December 31, 2012 and 2011 (Expressed in thousands of United States dollars, except share amounts) For contracts and policies written on a losses occurring basis, the risk period is generally the same as the contract or policy term. ...
... Notes to the Consolidated Financial Statements For the years ended December 31, 2012 and 2011 (Expressed in thousands of United States dollars, except share amounts) For contracts and policies written on a losses occurring basis, the risk period is generally the same as the contract or policy term. ...
Do Tests of Capital Structure Theory Mean What They Say? ∗
... cross-sectional tests produce a negative relationship. The basic intuition is simple: in a world of infrequent adjustment, an increase in profitability lowers leverage by increasing future profitability and thus the value of the firm. For one subset of firms an increase in firm value does not lead t ...
... cross-sectional tests produce a negative relationship. The basic intuition is simple: in a world of infrequent adjustment, an increase in profitability lowers leverage by increasing future profitability and thus the value of the firm. For one subset of firms an increase in firm value does not lead t ...
File - Amy Toman e
... company. These ratios help to give understanding to the relationships between financial statements. They also provide historical information, internal strengths and weaknesses, and can be used by investors to compare companies (www.smallbuisness.chron.com). In many ways, the financial ratios are the ...
... company. These ratios help to give understanding to the relationships between financial statements. They also provide historical information, internal strengths and weaknesses, and can be used by investors to compare companies (www.smallbuisness.chron.com). In many ways, the financial ratios are the ...
Ending "Too Big To Fail"
... 0.016 in 1999. This increased concentration of financial flows was driven by the Republic of Korea’s biggest chaebols. Firms affiliated with the top five chaebols received 34% of net finance in 1996 and 46% in 1998. Firms affiliated with the largest five chaebols also raised much more bond financing ...
... 0.016 in 1999. This increased concentration of financial flows was driven by the Republic of Korea’s biggest chaebols. Firms affiliated with the top five chaebols received 34% of net finance in 1996 and 46% in 1998. Firms affiliated with the largest five chaebols also raised much more bond financing ...
An Equity Valuation and Analysis of Havertys Furniture Companies
... statements. Ratios are the key tools used when evaluating a firm’s profitability and growth to find its value. Liquidity ratios measure the firm’s liquid assets used to help pay-off the firms current liabilities. The liquidity ratios are composed of the current ratio, the quick asset ratio, the inve ...
... statements. Ratios are the key tools used when evaluating a firm’s profitability and growth to find its value. Liquidity ratios measure the firm’s liquid assets used to help pay-off the firms current liabilities. The liquidity ratios are composed of the current ratio, the quick asset ratio, the inve ...
TSAKOS ENERGY NAVIGATION LTD (Form: 6-K
... The Board has fixed its number at not less than five nor more than fifteen and following the 2008 Annual Meeting will consist of eight directors. Under the Company’s Bye-laws, one third (or the number nearest one third) of the Board (with the exception of any executive director) retires by rotation ...
... The Board has fixed its number at not less than five nor more than fifteen and following the 2008 Annual Meeting will consist of eight directors. Under the Company’s Bye-laws, one third (or the number nearest one third) of the Board (with the exception of any executive director) retires by rotation ...