The Impact Of Corporate Governance On The Growth And Development Of Small And Medium Scale Enterprises (Smes) In Nigeria
... and committed economic policies implementation in the country. It must be emphasized that it is while attending to small matters that bigger things are created (Sule, 1986). Vision 20-20-20, for example, is economically a big and remarkable thing, but unless Nigeria attends to smaller economic matte ...
... and committed economic policies implementation in the country. It must be emphasized that it is while attending to small matters that bigger things are created (Sule, 1986). Vision 20-20-20, for example, is economically a big and remarkable thing, but unless Nigeria attends to smaller economic matte ...
One Size Fits All? Costs and Benefits of Uniform Accounting Standards
... Over the last decade, the world has witnessed a slow but steady march toward convergence of international accounting standards. Dozens of countries around the globe have already shifted to the International Financial Reporting Standards (IFRS), and the Securities and Exchange Commission (SEC) has pl ...
... Over the last decade, the world has witnessed a slow but steady march toward convergence of international accounting standards. Dozens of countries around the globe have already shifted to the International Financial Reporting Standards (IFRS), and the Securities and Exchange Commission (SEC) has pl ...
NBER WORKING PAPER SERIES CAPITAL STRUCTURE WITH RISKY FOREIGN INVESTMENT Mihir A. Desai
... decisions. The relationship between risk exposures and firm financial decisions is an element of many theories of capital structure, but these theories have received mixed empirical support. Multinational firms operating around the world face a wide variety of political regimes and associated busine ...
... decisions. The relationship between risk exposures and firm financial decisions is an element of many theories of capital structure, but these theories have received mixed empirical support. Multinational firms operating around the world face a wide variety of political regimes and associated busine ...
intangibles - The Computer Science Department
... I open this report on intangibles by addressing in Part I the three Ws: what are intangible assets, why the current interest in them, and who should be concerned about intangibles? I trace the meteoric rise over the past two decades in the value and impact of intangibles to fundamental changes in th ...
... I open this report on intangibles by addressing in Part I the three Ws: what are intangible assets, why the current interest in them, and who should be concerned about intangibles? I trace the meteoric rise over the past two decades in the value and impact of intangibles to fundamental changes in th ...
NBER WORKING PAPER SERIES Hanno Lustig Yi-Li Chien
... are positively correlated with aggregate market liquidity have high expected returns (see Pastor and Stambaugh (2003), Goyenko (2005) and Acharya and Pedersen (2005)). Our paper delivers a theoretical underpinning for the effect of variation in aggregate liquidity in a standard endowment economy wit ...
... are positively correlated with aggregate market liquidity have high expected returns (see Pastor and Stambaugh (2003), Goyenko (2005) and Acharya and Pedersen (2005)). Our paper delivers a theoretical underpinning for the effect of variation in aggregate liquidity in a standard endowment economy wit ...
Equal opportunity rule vs. market rule in transfer of control - Hal-SHS
... Having been introduced in the European Union and in many other countries, the equal opportunity rule is seen as protecting investors in the event of a transfer of control. This rule should be analyzed in a context of appropriation of private benefits between the new controlling shareholders and the ...
... Having been introduced in the European Union and in many other countries, the equal opportunity rule is seen as protecting investors in the event of a transfer of control. This rule should be analyzed in a context of appropriation of private benefits between the new controlling shareholders and the ...
Part I – Introduction - LSA
... 1. Is the instrument labeled a debt instrument? 2. Is there a fixed maturity date? Debt by def’n is due at some point in the future; contrast to traditional common shares – no period at which time shares get repaid; preferred shares usually have redemption date, are retired; there are perpetual pref ...
... 1. Is the instrument labeled a debt instrument? 2. Is there a fixed maturity date? Debt by def’n is due at some point in the future; contrast to traditional common shares – no period at which time shares get repaid; preferred shares usually have redemption date, are retired; there are perpetual pref ...
Canadian Imperial Bank of Commerce
... contains forward-looking statements within the meaning of certain securities laws. These statements include, but are not limited to, statements about the operations, business lines, financial condition, risk management, priorities, targets, ongoing objectives, strategies and outlook of CIBC for 2008 ...
... contains forward-looking statements within the meaning of certain securities laws. These statements include, but are not limited to, statements about the operations, business lines, financial condition, risk management, priorities, targets, ongoing objectives, strategies and outlook of CIBC for 2008 ...
The Economic Impact of Canadian P3 Projects
... Public infrastructure – such as roads, bridges, transit systems, water/wastewater systems, schools, hospitals, courts, and jails – is critical for our society’s collective sustainability and prosperity. It provides the places and spaces within which we live, work, and play. That said, it is generall ...
... Public infrastructure – such as roads, bridges, transit systems, water/wastewater systems, schools, hospitals, courts, and jails – is critical for our society’s collective sustainability and prosperity. It provides the places and spaces within which we live, work, and play. That said, it is generall ...
Equilibrium interest rate and liquidity premium under
... smoothing thereby raising the equity premium. In addition, they endogenize the rate of return ...
... smoothing thereby raising the equity premium. In addition, they endogenize the rate of return ...
The Macroeconomics of Shadow Banking Alan Moreira Alexi Savov July 2014
... consume a burst of wealth at high marginal utility, which necessitates a rapid sale of securities. As a result of this urgency, liquidity-event consumption must be financed by sales of liquid securities, namely those that can be traded quickly and in large quantities at low cost.2 We endogenize liqu ...
... consume a burst of wealth at high marginal utility, which necessitates a rapid sale of securities. As a result of this urgency, liquidity-event consumption must be financed by sales of liquid securities, namely those that can be traded quickly and in large quantities at low cost.2 We endogenize liqu ...
The Impact of Risk Controls and Strategy-Specific Risk Diversification on Extreme Risk
... cap-weighted index, which may result in temporary underperformance. It has been shown empirically that sector and country risks are not priced in and it would therefore make sense for investors to try to avoid them. For an empirical analysis, see for example Cappiello et al. (2008). Secondly, and mo ...
... cap-weighted index, which may result in temporary underperformance. It has been shown empirically that sector and country risks are not priced in and it would therefore make sense for investors to try to avoid them. For an empirical analysis, see for example Cappiello et al. (2008). Secondly, and mo ...
1 513 +27 % 405 +42 % 20 % 18
... Collector has had annual organic revenue growth of 30% and earnings growth (EAT) of 56%. Operations are comprised of the Retail and Corporate segments. Within the Retail segment, the Company is engaged in lending to private individuals, invoice and payments by instalments to e-commerce and retail co ...
... Collector has had annual organic revenue growth of 30% and earnings growth (EAT) of 56%. Operations are comprised of the Retail and Corporate segments. Within the Retail segment, the Company is engaged in lending to private individuals, invoice and payments by instalments to e-commerce and retail co ...
Sharing Risk and Revenues from PPPs
... contract’s end date can be modified such that the concessionaire can reach an agreed level of cumulative revenue or specified return on investment, which again limits the downside for the concessionaire. Once the revenue/return target has been met, the contract can either be terminated or revenues c ...
... contract’s end date can be modified such that the concessionaire can reach an agreed level of cumulative revenue or specified return on investment, which again limits the downside for the concessionaire. Once the revenue/return target has been met, the contract can either be terminated or revenues c ...
Accelerating Startups in Emerging Markets
... Combining longitudinal venture-level data with qualitative insights from entrepreneurs, program managers, and investors, we find, at the most general level, that the two country contexts may not be as different as many people believe. When trying to stimulate the growth of promising ventures, the em ...
... Combining longitudinal venture-level data with qualitative insights from entrepreneurs, program managers, and investors, we find, at the most general level, that the two country contexts may not be as different as many people believe. When trying to stimulate the growth of promising ventures, the em ...
Montenegro Development Directions 2015
... Business environment. Reform efforts aimed at improving the business environment have resulted in a multi-year trend of progress, which is reflected in the reports of the relevant international institutions. According to the World Bank Report, Doing Business 2015, Montenegro on a global scale climbe ...
... Business environment. Reform efforts aimed at improving the business environment have resulted in a multi-year trend of progress, which is reflected in the reports of the relevant international institutions. According to the World Bank Report, Doing Business 2015, Montenegro on a global scale climbe ...
Appendix 6(ii) Investor`s Statement (legal person) First name and
... and the Beneficiary, and the competent ministry responsible for the management of the SG OP (the managing institution). ...
... and the Beneficiary, and the competent ministry responsible for the management of the SG OP (the managing institution). ...
Rede ning Financial Constraints: a Text-Based
... is not industry-specific and only affects equities, we view this shock as an exogenous shock to a firm’s equity market liquidity. This supply side shock should uniquely affect equity focus constrained firms. We find this to be the case, with no significant effect for the marginally debt constrained ...
... is not industry-specific and only affects equities, we view this shock as an exogenous shock to a firm’s equity market liquidity. This supply side shock should uniquely affect equity focus constrained firms. We find this to be the case, with no significant effect for the marginally debt constrained ...
Sustainability, Cost-Effectiveness, Fairness and Value
... The structure of large defined benefit pension plans promotes efficient, low-cost investment management. These plans pool the investments of many individuals into a large pension fund that can be professionally managed at low cost. The fund can be invested for the long term, and it can focus on the ...
... The structure of large defined benefit pension plans promotes efficient, low-cost investment management. These plans pool the investments of many individuals into a large pension fund that can be professionally managed at low cost. The fund can be invested for the long term, and it can focus on the ...
Investment fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group. These advantages include an ability to: hire professional investment managers, which may potentially be able to offer better returns and more adequate risk management; benefit from economies of scale, i.e., lower transaction costs; increase the asset diversification to reduce some unsystemic risk.Terminology varies with country but investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. An investment fund may be held by the public, such as a mutual fund, exchange-traded fund, or closed-end fund, or it may be sold only in a private placement, such as a hedge fund or private equity fund. The term also includes specialized vehicles such as collective and common trust funds, which are unique bank-managed funds structured primarily to commingle assets from qualifying pension plans or trusts.Investment funds are promoted with a wide range of investment aims either targeting specific geographic regions (e.g., emerging markets or Europe) or specified industry sectors (e.g., technology). Depending on the country there is normally a bias towards the domestic market due to familiarity, and the lack of currency risk. Funds are often selected on the basis of these specified investment aims, their past investment performance, and other factors such as fees.