Toromont Announces Fourth Quarter 2013 Results
... power generation; aggregates; waste management; steel; forestry; and agriculture. Significant activities include the sale, rental and service of mobile equipment for Caterpillar and other manufacturers; sale, rental and service of engines used in a variety of applications including industrial, comme ...
... power generation; aggregates; waste management; steel; forestry; and agriculture. Significant activities include the sale, rental and service of mobile equipment for Caterpillar and other manufacturers; sale, rental and service of engines used in a variety of applications including industrial, comme ...
Does wealth make us rich anymore?
... since 2000, with a cumulative drop of nearly 5%, bottoming out at 44.2% in 2009. But loose monetary policies and quantitative easing have boosted financial asset prices while failing to boost incomes. This has concentrated wealth, since wealthier individuals hold a much larger share of their wealt ...
... since 2000, with a cumulative drop of nearly 5%, bottoming out at 44.2% in 2009. But loose monetary policies and quantitative easing have boosted financial asset prices while failing to boost incomes. This has concentrated wealth, since wealthier individuals hold a much larger share of their wealt ...
Infrastructure and Urbanization in the People`s Republic of China
... for policy makers to reform the existing system to base their investment decisions on the economic returns to infrastructure. The interregional flow of goods and production factors (labor and capital) is a fundamental force that drives urbanization, but the market may not be efficient in financing a ...
... for policy makers to reform the existing system to base their investment decisions on the economic returns to infrastructure. The interregional flow of goods and production factors (labor and capital) is a fundamental force that drives urbanization, but the market may not be efficient in financing a ...
risk appetite renaissance - RBC Global Asset Management
... Note: Cross-asset correlations of U.S. Dollar Index, U.S. dollar 10-year interest rate swap, S&P 500 Index, WTI crude oil price and gold spot price. Source: Bloomberg, RBC GAM ...
... Note: Cross-asset correlations of U.S. Dollar Index, U.S. dollar 10-year interest rate swap, S&P 500 Index, WTI crude oil price and gold spot price. Source: Bloomberg, RBC GAM ...
The Other Side of Value: The Effect of Quality on Price and Return in
... Although the significance of profitability in explaining returns was documented in the literature more than 40 years ago (Ball and Brown 1968), subsequent studies have challenged these findings and shown that net income has little explanatory power when added as a factor in the Fama-French model (Fa ...
... Although the significance of profitability in explaining returns was documented in the literature more than 40 years ago (Ball and Brown 1968), subsequent studies have challenged these findings and shown that net income has little explanatory power when added as a factor in the Fama-French model (Fa ...
Financial Innovation, Collateral and Investment
... Currently the outstanding notional value of CDS in the United States if far in excess of $50 trillion, more than three times the value of their underlying asset. ...
... Currently the outstanding notional value of CDS in the United States if far in excess of $50 trillion, more than three times the value of their underlying asset. ...
Outsourcing in a Global Economy*
... To us, outsourcing means more than just the purchase of raw materials and standardized intermediate goods. It means finding a partner with which a firm can establish a bilateral relationship and having the partner undertake relationship-specific investments so that it becomes able to produce goods ...
... To us, outsourcing means more than just the purchase of raw materials and standardized intermediate goods. It means finding a partner with which a firm can establish a bilateral relationship and having the partner undertake relationship-specific investments so that it becomes able to produce goods ...
English - Oman Air
... revenue registered handsome growth over the previous year. This was at the time when the European crisis impacted traffic from and to Europe. The Company carried out a company-wide compensation study and increased staff salaries to bring the same in line with the industry and offset increase in the ...
... revenue registered handsome growth over the previous year. This was at the time when the European crisis impacted traffic from and to Europe. The Company carried out a company-wide compensation study and increased staff salaries to bring the same in line with the industry and offset increase in the ...
Hazard Report Form
... would ear plugs and safety glasses control the risks when drilling? Administration and P.P.E should always be considered last on this list. Once the control methods have been documented the next section of the form shows the actions taken in addressing the hazard. This may: ...
... would ear plugs and safety glasses control the risks when drilling? Administration and P.P.E should always be considered last on this list. Once the control methods have been documented the next section of the form shows the actions taken in addressing the hazard. This may: ...
Science as a Model for Ecosystem Management
... We rely on highly managed ecosystems such as croplands, estuarine aquacultural systems, or forest plantations for producing ecosystem goods; however, the sustainability of such intensively managed ecosystems is strongly dependent on the matrix of less managed ecosystems in which they are embedded (e ...
... We rely on highly managed ecosystems such as croplands, estuarine aquacultural systems, or forest plantations for producing ecosystem goods; however, the sustainability of such intensively managed ecosystems is strongly dependent on the matrix of less managed ecosystems in which they are embedded (e ...
NBER WORKING PAPER SERIES STOCK AND BOND RETURNS WITH MOODY INVESTORS
... alluded to above, we test how well the model fares with respect to these puzzles. Our model generates a bond-stock return correlation that is somewhat too high relative to the data but it matches the predictability evidence. Third, to convert from model output to the data, we use inflation as a stat ...
... alluded to above, we test how well the model fares with respect to these puzzles. Our model generates a bond-stock return correlation that is somewhat too high relative to the data but it matches the predictability evidence. Third, to convert from model output to the data, we use inflation as a stat ...
Reforms of Baltic States Pension Systems: Challenges and
... undertaken and executed a reform of Latvian pension system. Following, in 2001 the reform was completed and a new three pillar pension system was introduced. A new system was introduced to perceive flexibly the actual growing demographic risks (low fertility rates in 90s of previous century, increas ...
... undertaken and executed a reform of Latvian pension system. Following, in 2001 the reform was completed and a new three pillar pension system was introduced. A new system was introduced to perceive flexibly the actual growing demographic risks (low fertility rates in 90s of previous century, increas ...
How to Discount Cashflows with Time
... rate remains constant. Since the total expected return comprises both a riskfree rate and a risk premium, adjusted by a factor loading, time-varying riskfree rates imply that total expected returns also change through time. Note that even an investor who believes that the expected market excess retu ...
... rate remains constant. Since the total expected return comprises both a riskfree rate and a risk premium, adjusted by a factor loading, time-varying riskfree rates imply that total expected returns also change through time. Note that even an investor who believes that the expected market excess retu ...
Audit Planning and Analytical Procedures
... “My hope is that auditors will respond to their new role ………..result will be a renewed spirit of professionalism and a dedication to the auditor’s role of protecting investors and furthering the public interest in the preparation of informative, fair and accurate independent ...
... “My hope is that auditors will respond to their new role ………..result will be a renewed spirit of professionalism and a dedication to the auditor’s role of protecting investors and furthering the public interest in the preparation of informative, fair and accurate independent ...
Systemic Risk, Systematic Risk, and the Identification of
... In contrast to the reasoning of MES and ΔCoVaR, numerous crises have demonstrated that distress events do not necessarily materialize instantaneously. Instead, they may cause persistent market distress, which in turn may lead to an impairment of the financial sector with possible severe ...
... In contrast to the reasoning of MES and ΔCoVaR, numerous crises have demonstrated that distress events do not necessarily materialize instantaneously. Instead, they may cause persistent market distress, which in turn may lead to an impairment of the financial sector with possible severe ...
Solow residuals without capital stocks
... data generated by that model, we show that measurement problems can be severe for developing or transition economies. This drawback of the Solow residual is thus most acute in applications in which its accuracy is most highly valued. To deal with capital stock measurement error, we propose two alter ...
... data generated by that model, we show that measurement problems can be severe for developing or transition economies. This drawback of the Solow residual is thus most acute in applications in which its accuracy is most highly valued. To deal with capital stock measurement error, we propose two alter ...
Cash Dividend Announcement Effect: Evidence from Dhaka Stock
... competitive advantage at the time of interpreting subsequent public information. Kim and Verrocchio (1991) had predicted statistically significant price volatility and trading volume during the cash dividend announcement period because upon the release of the public information, both traders and inv ...
... competitive advantage at the time of interpreting subsequent public information. Kim and Verrocchio (1991) had predicted statistically significant price volatility and trading volume during the cash dividend announcement period because upon the release of the public information, both traders and inv ...
The Decentering of the Global Firm Working Paper
... interests could be advanced by firms from various nations and, indeed, that a firm’s national identity no longer guaranteed that it would advance the economic interests of a particular country. For example, a foreign firm with substantial investments in the United States may well be better for Ameri ...
... interests could be advanced by firms from various nations and, indeed, that a firm’s national identity no longer guaranteed that it would advance the economic interests of a particular country. For example, a foreign firm with substantial investments in the United States may well be better for Ameri ...
chapter 1 - Test Bank wizard
... Which of the following is NOT a potential problem when estimating and using betas, i.e., which statement is FALSE? a. Sometimes, during a period when the company is undergoing a change such as toward more leverage or riskier assets, the calculated beta will be drastically different from the "true" o ...
... Which of the following is NOT a potential problem when estimating and using betas, i.e., which statement is FALSE? a. Sometimes, during a period when the company is undergoing a change such as toward more leverage or riskier assets, the calculated beta will be drastically different from the "true" o ...
Swedish Capital Allocated to Global Energy Investments
... Note: Estimated investments refers to both equity and bond investments. Carbon reserves are estimated by Carbon Tracker. It is common for large companies to be listed at multiple stock exchanges. Mining companies are included due to coal mining operations, as coal being one of the main fossil fuels. ...
... Note: Estimated investments refers to both equity and bond investments. Carbon reserves are estimated by Carbon Tracker. It is common for large companies to be listed at multiple stock exchanges. Mining companies are included due to coal mining operations, as coal being one of the main fossil fuels. ...
Financial Results for the year ended 30 June 2014
... future reporting periods. The new approach will adopt real turnover measures (including bets placed where the outcome is a tie) and a fixed win rate of 1.43%. This new methodology to estimate underlying revenues will apply from FY15 results onwards. The full 2015 financial year result may be impacte ...
... future reporting periods. The new approach will adopt real turnover measures (including bets placed where the outcome is a tie) and a fixed win rate of 1.43%. This new methodology to estimate underlying revenues will apply from FY15 results onwards. The full 2015 financial year result may be impacte ...
structured life insurance and investment products for retail investors
... “ I wish someone would give me one shred of neutral evidence that financial innovation has let to economic growth, one shred of evidence.” Paul Volcker ...
... “ I wish someone would give me one shred of neutral evidence that financial innovation has let to economic growth, one shred of evidence.” Paul Volcker ...