Profit efficiency for Spanish savings banks
... inefficiencies. In addition, input inefficiency measured in a profit function may differ from that derived from a cost function. Profit efficiency - - the deviation from the profit frontier - - is determined using the thick frontier approach. We also determine how the profit frontier has shifted ove ...
... inefficiencies. In addition, input inefficiency measured in a profit function may differ from that derived from a cost function. Profit efficiency - - the deviation from the profit frontier - - is determined using the thick frontier approach. We also determine how the profit frontier has shifted ove ...
Powerpoint
... 8-3 Disposing of a plant asset Three ways in which we can dispose of a plant asset Is fully depreciated and has no value to us We sell it for more than book value We sell it for less than book value ...
... 8-3 Disposing of a plant asset Three ways in which we can dispose of a plant asset Is fully depreciated and has no value to us We sell it for more than book value We sell it for less than book value ...
Effect of inflation on investment among insurance
... because businesses cannot predict the demand for their product at the higher prices they will have to charge in order to cover their costs (Aghion et al., 2010). 1.1.2 Investments Investments refer to the cost of capital invested in buying financial assets and securities. It is putting money into s ...
... because businesses cannot predict the demand for their product at the higher prices they will have to charge in order to cover their costs (Aghion et al., 2010). 1.1.2 Investments Investments refer to the cost of capital invested in buying financial assets and securities. It is putting money into s ...
POSITION - Eurofinas and 32 others offer comments to the
... The current proposal includes a restriction on the maturity of assets that can be financed by conduits, which will artificially close this type of financing to certain types of assets currently funded in this way, such as, for example certain car loans, equipment leases or longer dated SME loans. Th ...
... The current proposal includes a restriction on the maturity of assets that can be financed by conduits, which will artificially close this type of financing to certain types of assets currently funded in this way, such as, for example certain car loans, equipment leases or longer dated SME loans. Th ...
Adverse Selection and Risk Aversion in Capital Markets
... Kanbur (1979) contain models of entrepreneurship where individuals differ in their degree of risk aversion. In contrast, individuals in our model exhibit the same degree of risk aversion and have the same amount of wealth. They differ in the privately observed characteristics of their productive pro ...
... Kanbur (1979) contain models of entrepreneurship where individuals differ in their degree of risk aversion. In contrast, individuals in our model exhibit the same degree of risk aversion and have the same amount of wealth. They differ in the privately observed characteristics of their productive pro ...
DOES SHAREHOLDER COMPOSITION AFFECT STOCK RETURNS?
... disparity between the size of the earnings shortfall and the magnitude of the market value lost; significant declines in value occur even in cases where a firm announces record earnings for the quarter. This view of institutional investors suggests they act as “traders” rather than “owners”. They ha ...
... disparity between the size of the earnings shortfall and the magnitude of the market value lost; significant declines in value occur even in cases where a firm announces record earnings for the quarter. This view of institutional investors suggests they act as “traders” rather than “owners”. They ha ...
bounded and contextual rationality
... Institutional economists point out that rules of thumb are shared among people, and are usually not personal affairs as one could understand from Simon’s work (Hargreaves Heap, 1993, 79). People use various rules of thumb, conventions and procedures on a daily basis. These institutions are same for ...
... Institutional economists point out that rules of thumb are shared among people, and are usually not personal affairs as one could understand from Simon’s work (Hargreaves Heap, 1993, 79). People use various rules of thumb, conventions and procedures on a daily basis. These institutions are same for ...
Saving and investment: the economic development of Singapore
... The accounting exercise in the Third Chapter is able to offer quantitative evidence for a number of general speculations about Singapore’s economic history. It is able to show that Singapore’s government was in control of the equivalent of eighty percent of the country’s gross national savings - as ...
... The accounting exercise in the Third Chapter is able to offer quantitative evidence for a number of general speculations about Singapore’s economic history. It is able to show that Singapore’s government was in control of the equivalent of eighty percent of the country’s gross national savings - as ...
REIT Stocks: An Underutilized Portfolio Diversifier
... and other institutional investors have long embraced commercial real estate as a core asset class due to its attractive combination of investment attributes. Commercial real estate exposure can be accessed via direct investment or through both the private and publicly traded securities markets. Publ ...
... and other institutional investors have long embraced commercial real estate as a core asset class due to its attractive combination of investment attributes. Commercial real estate exposure can be accessed via direct investment or through both the private and publicly traded securities markets. Publ ...
Can Financing Constraints Explain the Asset Pricing Puzzles in Production Economies? ∗
... of consumption. In the opposite extreme, with perfectly elastic investment the interest rate would be acyclical as households could perfectly offset changes in their expected income stream through investing. To produce counter-cyclical real short term interest rates in an RBC model, investment must ...
... of consumption. In the opposite extreme, with perfectly elastic investment the interest rate would be acyclical as households could perfectly offset changes in their expected income stream through investing. To produce counter-cyclical real short term interest rates in an RBC model, investment must ...
Characteristics of the 2009/2010 financial crisis in Greece
... Financial crises have been a phenomenon studied for many years, perhaps because of its large impact on society and its unpredictable nature. One of the first crises that can be explained by a failure in the market economy, and thus be labelled a financial crisis, is the ”Panic of 1819”, which lead to ...
... Financial crises have been a phenomenon studied for many years, perhaps because of its large impact on society and its unpredictable nature. One of the first crises that can be explained by a failure in the market economy, and thus be labelled a financial crisis, is the ”Panic of 1819”, which lead to ...
DHFL Pramerica Dual Advantage Fund Series 1 to 3
... *Includes securitized debt up to 20% of the net assets of the Scheme. @Equity related instruments include all derivative instruments that have equity / equity indexes as the underlying as well as securities such as convertible bonds and debentures and warrants carrying the right to obtain equity sha ...
... *Includes securitized debt up to 20% of the net assets of the Scheme. @Equity related instruments include all derivative instruments that have equity / equity indexes as the underlying as well as securities such as convertible bonds and debentures and warrants carrying the right to obtain equity sha ...
Document
... discretions in respect of the management of the Funds, including managing the Assets of the Funds, making investment decisions, repurchasing or causing the redemption of Units and fixing dates for valuations and distributions. We are obliged to ensure that the Funds are properly and efficiently oper ...
... discretions in respect of the management of the Funds, including managing the Assets of the Funds, making investment decisions, repurchasing or causing the redemption of Units and fixing dates for valuations and distributions. We are obliged to ensure that the Funds are properly and efficiently oper ...
The Special Economic Zones and North Korean Economic
... territory of North Korea. They are the Kaesung Industrial Complex, the Mt. Kumgangsan Special Tourist Region, the RajinSonbong Free Economic and Trade Zone, and the Shinuiju Special Administrative Region. Although each SEZ has its own special objectives - an independent and reformative management sy ...
... territory of North Korea. They are the Kaesung Industrial Complex, the Mt. Kumgangsan Special Tourist Region, the RajinSonbong Free Economic and Trade Zone, and the Shinuiju Special Administrative Region. Although each SEZ has its own special objectives - an independent and reformative management sy ...
DFG QUARTERLY review-THIRD quarter,2008
... working capital finance, 5.3% Fixed Investment and the rest Trade Finance. There has been a notable growth of 31.1% during the period Dec-05 to Dec-10 in the SME number of borrowers. ...
... working capital finance, 5.3% Fixed Investment and the rest Trade Finance. There has been a notable growth of 31.1% during the period Dec-05 to Dec-10 in the SME number of borrowers. ...
How do you manage a with-profits firm under IFRS 4 Phase II?
... Three conditions could apply: 1. the returns to be passed to the policyholder arise from the underlying items the entity holds (regardless of whether the entity is required to hold those items or whether the entity has discretion over the payments to policyholders) e.g. profits from non-profit busin ...
... Three conditions could apply: 1. the returns to be passed to the policyholder arise from the underlying items the entity holds (regardless of whether the entity is required to hold those items or whether the entity has discretion over the payments to policyholders) e.g. profits from non-profit busin ...
Mission-Related Investing at the F.B. Heron Foundation
... to test the concept without making any major missteps. Staff was encouraged to explore opportunities in core program areas that would build on existing networks and expertise, as well as to share lessons learned along the way. ...
... to test the concept without making any major missteps. Staff was encouraged to explore opportunities in core program areas that would build on existing networks and expertise, as well as to share lessons learned along the way. ...
ADV 2A - Inspire Investing
... from the one we offer, or is not available, to our clients. In such cases, a conflict of interest arises since we have a financial interest in CFD's representatives using our models. However, as a fiduciary, we have a duty to act at all times in our client's best interests. We also amended Item 12 t ...
... from the one we offer, or is not available, to our clients. In such cases, a conflict of interest arises since we have a financial interest in CFD's representatives using our models. However, as a fiduciary, we have a duty to act at all times in our client's best interests. We also amended Item 12 t ...
The Effect of Market Power on Stability and Performance of Islamic
... in conventional banks. I find that interest rate spreads appear to present conventional banks with a trade-off between risk and returns. Off-balancesheet activities increase bank profitability and stability for both markets. Furthermore, most of other bank-specific and macroeconomic variables such a ...
... in conventional banks. I find that interest rate spreads appear to present conventional banks with a trade-off between risk and returns. Off-balancesheet activities increase bank profitability and stability for both markets. Furthermore, most of other bank-specific and macroeconomic variables such a ...
Turkish Telcos-Mobile data growth powering up
... happen in H1 2014. Turkcell has been unable to pay dividends since 2010 due to the deadlock over the shareholder dispute between Cukurova and Altimo. The AGM (annual general meeting) was cancelled twice earlier this year due to a lack of mandatory quorum. Later, Turkey’s Capital Markets Board (CMB) ...
... happen in H1 2014. Turkcell has been unable to pay dividends since 2010 due to the deadlock over the shareholder dispute between Cukurova and Altimo. The AGM (annual general meeting) was cancelled twice earlier this year due to a lack of mandatory quorum. Later, Turkey’s Capital Markets Board (CMB) ...
Phillip Securities Account Opening Application. (Only
... Trading Accounts) with a trading account with Phillip Securities Pte Ltd (“PSPL”), at any time request for advice concerning a Specified Investment Product offered by PSPL. Please contact your Trading Representative if you wish to request for such advice. (3) To comply with anti-money laundering reg ...
... Trading Accounts) with a trading account with Phillip Securities Pte Ltd (“PSPL”), at any time request for advice concerning a Specified Investment Product offered by PSPL. Please contact your Trading Representative if you wish to request for such advice. (3) To comply with anti-money laundering reg ...
Technical Accounting Alert
... of an investment in a subsidiary for the purpose of the SFS; and/or • apply an IFRS 3 (2008) type approach for previously-held investments in the SFS. In Grant Thornton’s view the inclusion of contingent consideration is effectively mandated by the changes to the scope of IAS 32 and IAS 39, which ta ...
... of an investment in a subsidiary for the purpose of the SFS; and/or • apply an IFRS 3 (2008) type approach for previously-held investments in the SFS. In Grant Thornton’s view the inclusion of contingent consideration is effectively mandated by the changes to the scope of IAS 32 and IAS 39, which ta ...
Kenya, Uganda, and United Republic of Tanzania: Selected
... respect to the so-called “gravity factors” (size of the host market, geographical and cultural proximity to source countries), offsetting measures to attract foreign investment, including investment incentives, may appear as an attractive alternative. However, care must be taken to ensure that inves ...
... respect to the so-called “gravity factors” (size of the host market, geographical and cultural proximity to source countries), offsetting measures to attract foreign investment, including investment incentives, may appear as an attractive alternative. However, care must be taken to ensure that inves ...
Types of Investment - Lancashire County Council
... LGPS membership. This means that where an active member has two or more unaggregated periods of LGPS membership, they may only elect to aggregate the most recent period. Augmentation of Service An employer can now award augmented service at any point of a member’s active membership. Previously this ...
... LGPS membership. This means that where an active member has two or more unaggregated periods of LGPS membership, they may only elect to aggregate the most recent period. Augmentation of Service An employer can now award augmented service at any point of a member’s active membership. Previously this ...
sterling advisors, inc firm brochure
... financial plan for the client. First we have a discovery meeting, the purpose of which is to introduce ourselves, discuss the client’s financial circumstances and the concerns that prompted the client to contact us, and determine whether and how we will work together. During a second meeting the cli ...
... financial plan for the client. First we have a discovery meeting, the purpose of which is to introduce ourselves, discuss the client’s financial circumstances and the concerns that prompted the client to contact us, and determine whether and how we will work together. During a second meeting the cli ...
Land banking
Land banking is the practice of aggregating parcels of land for future sale or development.While in many countries land banking may refer to various private real-estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land.