Russian BCS Holding International Ltd. Assigned
... futures position (thus putting pressure on liquidity). In our view, BCS Group's profitability largely depends on the performance of the Russian stock market. In the autumn of 2008, the company's monthly trading volumes declined by half, thus putting pressure on the group's bottom line results. At th ...
... futures position (thus putting pressure on liquidity). In our view, BCS Group's profitability largely depends on the performance of the Russian stock market. In the autumn of 2008, the company's monthly trading volumes declined by half, thus putting pressure on the group's bottom line results. At th ...
Maximizing shareholder value: a new ideology for corporate
... the maximization of shareholder value became their creed (see, for example, Ross 1973; Jensen and Meckling 1976; Fama and Jensen 1983; Jensen 1986; Scharfstein 1988; Baker et al. 1988). In addition, during the 1970s, the quest for shareholder value in the US economy found support from a new source – ...
... the maximization of shareholder value became their creed (see, for example, Ross 1973; Jensen and Meckling 1976; Fama and Jensen 1983; Jensen 1986; Scharfstein 1988; Baker et al. 1988). In addition, during the 1970s, the quest for shareholder value in the US economy found support from a new source – ...
Investment Options - PFM Asset Management
... guaranty of future results. The information contained in this presentation is not an offer to purchase or sell any securities. This presentation is only intended for institutional and/or sophisticated professional investors. This material is intended for informational purposes only and should not b ...
... guaranty of future results. The information contained in this presentation is not an offer to purchase or sell any securities. This presentation is only intended for institutional and/or sophisticated professional investors. This material is intended for informational purposes only and should not b ...
Private Placements of Public Equity in China
... willingness of the PEP participants to play a proactive role in monitoring corporate management to enhance the return of the firm’s existing assets in place. The selection or screening nature of the regulatory approval process through a tournament-like competition among the PEP-issuing firms and PE ...
... willingness of the PEP participants to play a proactive role in monitoring corporate management to enhance the return of the firm’s existing assets in place. The selection or screening nature of the regulatory approval process through a tournament-like competition among the PEP-issuing firms and PE ...
mortgage rates in kenya: implications for homeownership
... perform a credit check on the prospective borrower, may require the borrower to take out appropriate insurance, such as mortgage insurance or seek security or guarantees of third parties, besides other possible strategies. In general, the higher the risk, the higher will be the interest rate that th ...
... perform a credit check on the prospective borrower, may require the borrower to take out appropriate insurance, such as mortgage insurance or seek security or guarantees of third parties, besides other possible strategies. In general, the higher the risk, the higher will be the interest rate that th ...
Returns to Venture Capital - University of Colorado Boulder
... in the monitoring of their investees, while Slovakia remains underdeveloped, and VC firms in all three countries have less involvement in strategic decisions and more involvement in operational decisions, with major infrastructural impediments. 77 UK venture capital firms, A series of in-depth Chi-s ...
... in the monitoring of their investees, while Slovakia remains underdeveloped, and VC firms in all three countries have less involvement in strategic decisions and more involvement in operational decisions, with major infrastructural impediments. 77 UK venture capital firms, A series of in-depth Chi-s ...
ECFS845
... superannuation fund with around $1 billion in Funds Under Management. We are an active fund manager, but will also maintain a strategic position of 35% ($350 million) minimum at any one time in each of our investments (DFA and another large cap growth manager). This eliminates the prospect of invest ...
... superannuation fund with around $1 billion in Funds Under Management. We are an active fund manager, but will also maintain a strategic position of 35% ($350 million) minimum at any one time in each of our investments (DFA and another large cap growth manager). This eliminates the prospect of invest ...
Market Vectors Small Cap Dividend Payers ETF (ASX Code: MVS)
... experiences high turnover as companies fall in and out of the index. ...
... experiences high turnover as companies fall in and out of the index. ...
New Capital Rules for Community Banks
... FDIC) (the “Agencies”) proposed significant changes to the U.S. regulatory capital framework: U.S. version of the Basel III Proposal The Standardized Approach Proposal ...
... FDIC) (the “Agencies”) proposed significant changes to the U.S. regulatory capital framework: U.S. version of the Basel III Proposal The Standardized Approach Proposal ...
Credit Access and Social Welfare in France and America
... unacceptable externalities that unfettered markets would generate.13 How much different states are willing to compromise efficiency in order to promote equality depends in turn on institutional and political features that are distinctive to their political and historical context.14 In consumer credi ...
... unacceptable externalities that unfettered markets would generate.13 How much different states are willing to compromise efficiency in order to promote equality depends in turn on institutional and political features that are distinctive to their political and historical context.14 In consumer credi ...
Structure and nature of sa#7305 (Page 1)
... Having analysed the structure of saving in Namibia, one is inclined to conclude that the country is in a better position to use its current savings to finance long-term investments. This is based on the premise that the economy has well developed contractual saving institutions such as life insuranc ...
... Having analysed the structure of saving in Namibia, one is inclined to conclude that the country is in a better position to use its current savings to finance long-term investments. This is based on the premise that the economy has well developed contractual saving institutions such as life insuranc ...
political influence on bank credit allocation: bank capital responses
... Our analysis does not permit welfare statements. We cannot determine what motivates politicians to favor credit extension to certain groups. It could well enhance social welfare (say due to enhanced consumption, which we document), in which case welfare would be positively impacted by such lending e ...
... Our analysis does not permit welfare statements. We cannot determine what motivates politicians to favor credit extension to certain groups. It could well enhance social welfare (say due to enhanced consumption, which we document), in which case welfare would be positively impacted by such lending e ...
Major banks analysis
... against the comparable period. However, similar to our previous major banks analysis, total combined credit impairments of the major banks show increases over a rolling year-on-year period, growing 10.8% against 2H14 as a result of latent credit stresses, both realised and unrealised, that remain wi ...
... against the comparable period. However, similar to our previous major banks analysis, total combined credit impairments of the major banks show increases over a rolling year-on-year period, growing 10.8% against 2H14 as a result of latent credit stresses, both realised and unrealised, that remain wi ...
The Euro and the Geography of International Debt Flow
... The creation of the European Monetary Union had a large impact on financial flows within the EMU area. It is well documented that gross debt and equity flows between EMU members increased dramatically as a result of both the single currency and regulatory harmonization within the European Union (EU) ...
... The creation of the European Monetary Union had a large impact on financial flows within the EMU area. It is well documented that gross debt and equity flows between EMU members increased dramatically as a result of both the single currency and regulatory harmonization within the European Union (EU) ...
Market liquidity and stress - Bank for International Settlements
... The relationship between market and cash liquidity is a multifaceted one. Some of the links are obvious. For instance, selling an asset in a market or unwinding a profitable position is one way of raising cash. Others, however, are less apparent. In particular, it will be argued below that access to ...
... The relationship between market and cash liquidity is a multifaceted one. Some of the links are obvious. For instance, selling an asset in a market or unwinding a profitable position is one way of raising cash. Others, however, are less apparent. In particular, it will be argued below that access to ...
Quarterly International Investment Position and External Debt - Background Notes
... specified date or dates. These instruments may be issued by companies or by governments. Positions held between affiliated enterprises (other than financial intermediaries) in bonds and notes are classified under Direct Investment. All other transactions are classified as Portfolio Investment (or un ...
... specified date or dates. These instruments may be issued by companies or by governments. Positions held between affiliated enterprises (other than financial intermediaries) in bonds and notes are classified under Direct Investment. All other transactions are classified as Portfolio Investment (or un ...
Understanding Secular Stock Market Cycles
... Over complete business cycles, earnings growth for a market index like the S&P 500 Index will be slightly slower on a nominal basis than the overall economy (reflecting that larger, public companies generally have slightly slower average growth than the economy with its new start-ups and sometimes f ...
... Over complete business cycles, earnings growth for a market index like the S&P 500 Index will be slightly slower on a nominal basis than the overall economy (reflecting that larger, public companies generally have slightly slower average growth than the economy with its new start-ups and sometimes f ...
This PDF is a selection from a published volume from... Economic Research Volume Title: NBER Macroeconomics Annual 2007, Volume 22
... to the inability to the higher rate for the lenders, not because generate project of any arbitrary restriction on the menus of the financial claims that they can issue. The main issues addressed that they here are general enough straint ...
... to the inability to the higher rate for the lenders, not because generate project of any arbitrary restriction on the menus of the financial claims that they can issue. The main issues addressed that they here are general enough straint ...
Socially Responsible Investments - Centre for Financial Research
... Falk and Heckman (2009), Baran, Sapienza and Zingales (2010), Stoop, Noussair and Van Soest (2012)) For instance, List (2006) finds that sports cards traders behave substantially different in gift exchange in the lab and in the field. Stoop, Noussair and Van Soest (2012) find that fishermen cooperat ...
... Falk and Heckman (2009), Baran, Sapienza and Zingales (2010), Stoop, Noussair and Van Soest (2012)) For instance, List (2006) finds that sports cards traders behave substantially different in gift exchange in the lab and in the field. Stoop, Noussair and Van Soest (2012) find that fishermen cooperat ...
ch1 -
... Profitability remained strong with the bull market of the 1990s. Industry profits were at a record high $21 billion in 2000, but fell 50% in 2001. Reasons for the profit problems included the weak stock market, the September 11 2001 attacks, the drop in M&A activity, and loss of confidence by invest ...
... Profitability remained strong with the bull market of the 1990s. Industry profits were at a record high $21 billion in 2000, but fell 50% in 2001. Reasons for the profit problems included the weak stock market, the September 11 2001 attacks, the drop in M&A activity, and loss of confidence by invest ...
Instruments of the Money Market - Richmond Fed
... Most Eurodollar CDs are fixed-rate, typically with maturities from three to six months. Floating-rate Eurodollar CDs are also issued, usually with longer maturities. Some Eurodollar CDs, known as "Tranche" CDs, are issued in large aggregate amounts (usually between $10 million and $30 million) and t ...
... Most Eurodollar CDs are fixed-rate, typically with maturities from three to six months. Floating-rate Eurodollar CDs are also issued, usually with longer maturities. Some Eurodollar CDs, known as "Tranche" CDs, are issued in large aggregate amounts (usually between $10 million and $30 million) and t ...
Revisions to the Basel III leverage ratio framework, issued by the
... to restrict the excessive build-up of leverage in the banking sector and to reinforce the risk-based capital requirements with a simple, non-risk-based backstop measure. The more binding non-risk-based leverage ratio framework would not only disincentivize banks from enhancing their risk management ...
... to restrict the excessive build-up of leverage in the banking sector and to reinforce the risk-based capital requirements with a simple, non-risk-based backstop measure. The more binding non-risk-based leverage ratio framework would not only disincentivize banks from enhancing their risk management ...
