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Springleaf Holdings, Inc.
Springleaf Holdings, Inc.

... (iii) “SFC” refer to Springleaf Finance Corporation and its consolidated subsidiaries; (iv) “OneMain” refer to OneMain Financial Holdings, Inc. and its consolidated subsidiaries; (v) “Seller” refer to CitiFinancial Credit Company; and (vi) “Initial Stockholder” refer to Springleaf Financial Holdings ...
Leverage, Risk and Regulatory Capital in Latin
Leverage, Risk and Regulatory Capital in Latin

Managing Investment Risk (M)
Managing Investment Risk (M)

Liquidity risk, Leverage and Long
Liquidity risk, Leverage and Long

... that IPO stocks exhibit significantly greater stock turnover and are less leveraged when compared to non-IPO firms matched on stock exchange, equity size and book-to-market ratio.2 The discovery of greater stock turnover is important as it suggests a potential liquidity-based explanation for lower e ...
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

... statements have been prepared in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, ...
Private Placements, Regulatory Restrictions and Firm
Private Placements, Regulatory Restrictions and Firm

... about the firm’s prospects through one-on-one negotiations - which would be infeasible when dealing with a large number of public investors. They show that discounts offered in private placements are strongly correlated with information revelation costs. In other words, firms compensate buyers for ...
Inflation Breakeven Rate
Inflation Breakeven Rate

... confidence level. The annualized inflation risk premium is about 241 basis points. They conclude that the size and significance of the inflation risk premium indicates investors’ willingness to accept a lower real return on gilts when they recognize that both nominal bonds and equity assets are poor ...
The remainder of the paper is as follows
The remainder of the paper is as follows

... on mergers that can reasonably be expected to have an impact on acquirer default risk, we examine only those where the acquirer purchases at least 50% of the target firm and where the acquirer’s post-merger ownership of the target exceeds 90%. We further impose the restriction that the ratio of deal ...
Demography and the Long-Run Predictability of the Stock Market
Demography and the Long-Run Predictability of the Stock Market

Global Market Outlook 2016: Trends in real estate private equity
Global Market Outlook 2016: Trends in real estate private equity

... fault lines that had been developing in an economy that accounted for more than 16% of the world’s gross domestic product (GDP) in 2014.2 Indeed, China has driven global growth since the global financial crisis, and according to calculations by the Organisation for Economic Co-operation and Developm ...
The Content and Value of the Statement of Cash Flows
The Content and Value of the Statement of Cash Flows

0000950123-10-015388 - Gentex Investor Relations
0000950123-10-015388 - Gentex Investor Relations

... beams” — automatically extending and contracting the low-beam patterns. This technology provides an added level of forward lighting optimization by maximizing both low and high beams. DFL can be used to control “constant on” high-beam systems. It works in conjunction with emerging future headlamp te ...
Price Discount of Private Equity Placement and Interests
Price Discount of Private Equity Placement and Interests

... of listed firms in China, larger shareholders have greater options to effectively control private placement price and time. Interests owned by institution investors are consistent with larger shareholders, their alliance is a rational choice. Underdeveloped investors’ legal protection, poorefficient ...
Technology Industry on Financial Ratios and Stock Returns
Technology Industry on Financial Ratios and Stock Returns

solvency and financial condition report for the year ended 31
solvency and financial condition report for the year ended 31

... The Company’s material credit risk exposures relate to: i. Amounts due from reinsurers ii. Amounts held on deposit and on demand with banks iii. Amounts due from insurance policyholders and intermediaries Liquidity Risk The Company’s exposure to liquidity risk is considered to be low as it maintains ...
Prepaid Rent
Prepaid Rent

... Goal is to account for all transactions that economically occurred in the pd. To document fundamental economics, we employ the accrual method The accrual method is best contrasted with the cash method of accounting through an example: On December 29th, Best Buy sells and delivers an HDTV worth $2,00 ...
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

... by the weighted-average common shares and common equivalent shares outstanding during the year. For the diluted EPS calculation, the weighted-average common shares and common equivalent shares outstanding include the average number of shares of common stock outstanding adjusted for the weighted-aver ...
FX-Adjusted Local Currency Spreads CEME
FX-Adjusted Local Currency Spreads CEME

... Fundamental variables account for very little of the observed variation in exchange rates for developed countries’ currencies over short-time horizons up to one year.6 Dealers’ order flows rather than economic fundamentals are the dominant drivers of exchange rates [Lyons, 2001]. While order flows m ...
PDP-Working Paper
PDP-Working Paper

... The global financial crisis caught many financial market participants by surprise. Institutional investors, by and large, were no exception. As the crisis intensified, concerns about capital preservation arose, and several investors responded by abandoning long-term investment strategies, reducing r ...
Stocks, Bonds, and Pension Wealth
Stocks, Bonds, and Pension Wealth

... in the AAUP Bulletin, published in the summers of 1966 and 1967 by the American Association of University Professors. Finally, over the period 1968-89, we construct r(t) using the average annual salary of full professors at Stanford University as the measure of Ave(t), which comes from unpublished d ...
2006-11-PE - Public Services International Research Unit
2006-11-PE - Public Services International Research Unit

Dreyfus Investment Portfolios, MidCap Stock Portfolio
Dreyfus Investment Portfolios, MidCap Stock Portfolio

... Cazalet, CAIA, and Ronald P. Gala, CFA, Portfolio Managers Market and Fund Performance Overview For the 12-month period ended December 31, 2016, Dreyfus Investment Portfolios, MidCap Stock Portfolio’s Initial shares produced a total return of 15.47%, and its Service shares produced a total return of ...
stock market undervaluation of resource redeployability
stock market undervaluation of resource redeployability

Foreclosure Update and New Appraisal Regulations
Foreclosure Update and New Appraisal Regulations

NBER WORKING PAPER SERIES BELIEFS ARE HETEROGENEOUS
NBER WORKING PAPER SERIES BELIEFS ARE HETEROGENEOUS

... ity of output (endowments in our models), and by the participants’ tastes for risk and tradeoff across time, as well as their beliefs. As far as consumption and risk sharing are concerned, our formulation identifies a simple tradeoff between these two key, but seemingly quite different factors. Tha ...
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Business valuation

Business valuation is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Valuation is used by financial market participants to determine the price they are willing to pay or receive to effect a sale of a business. In addition to estimating the selling price of a business, the same valuation tools are often used by business appraisers to resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among business assets, establish a formula for estimating the value of partners' ownership interest for buy-sell agreements, and many other business and legal purposes such as in shareholders deadlock, divorce litigation and estate contest. In some cases, the court would appoint a forensic accountant as the joint expert doing the business valuation.
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