The Timing of Asset Sales
... method of earnings management requires decisions about the actual occurrence and timing of real transactions in order to achieve a certain desirable level of reported earnings, rather than the use of more observable techniques such as changing of accounting methods or making a classifactory choice. ...
... method of earnings management requires decisions about the actual occurrence and timing of real transactions in order to achieve a certain desirable level of reported earnings, rather than the use of more observable techniques such as changing of accounting methods or making a classifactory choice. ...
International Financial Reporting Standard 13 Fair Value
... Fair value is a market-based measurement, not an entity-specific measurement. For some assets and liabilities, observable market transactions or market information might be available. For other assets and liabilities, observable market transactions and market information might not be available. Howe ...
... Fair value is a market-based measurement, not an entity-specific measurement. For some assets and liabilities, observable market transactions or market information might be available. For other assets and liabilities, observable market transactions and market information might not be available. Howe ...
Why is long-horizon equity less risky? A duration-based
... for prices and risk premia. Motivated by these expressions, Brennan et al. empirically evaluate whether expected returns on a cross-section of assets can be explained by betas with respect to discount rates. Here we make use of similar analytical methods to address a different goal, namely, endogeno ...
... for prices and risk premia. Motivated by these expressions, Brennan et al. empirically evaluate whether expected returns on a cross-section of assets can be explained by betas with respect to discount rates. Here we make use of similar analytical methods to address a different goal, namely, endogeno ...
Long-Term Financial Capacity of the ADF
... apply differentiated lending terms in line with the debt sustainability capability of each group. Following Deputies’ guidance at the ADF-12 Mid-Term Review on this subject, Management will proceed with the introduction of an accelerated repayment clause and a voluntary prepayment framework for coun ...
... apply differentiated lending terms in line with the debt sustainability capability of each group. Following Deputies’ guidance at the ADF-12 Mid-Term Review on this subject, Management will proceed with the introduction of an accelerated repayment clause and a voluntary prepayment framework for coun ...
ABSTRACT Title of Document:
... Chapter III investigates the role of international interest rate shocks in explaining the volatility and cyclicality of housing investment. It first documents that real interest rates are highly negatively correlated with housing investment, business investment and output in emerging markets. Howeve ...
... Chapter III investigates the role of international interest rate shocks in explaining the volatility and cyclicality of housing investment. It first documents that real interest rates are highly negatively correlated with housing investment, business investment and output in emerging markets. Howeve ...
Regulatory Capital Requirements under FTK and
... interest rate environment, the costs of pensions have increased significantly. Besides, the returns on the financial market have been lower than expected. People argue that the legislation for pension funds should therefore be tightened. Possibly, the legislation for pension funds will move towards ...
... interest rate environment, the costs of pensions have increased significantly. Besides, the returns on the financial market have been lower than expected. People argue that the legislation for pension funds should therefore be tightened. Possibly, the legislation for pension funds will move towards ...
Xero Limited 2016 Annual Report
... The initial work we did connecting banks to Xero has expanded to become a financial web. By allowing small business owners to control and connect their accounting ledger to their bank, financial institution or a financial services provider, they can access services that were once primarily only offe ...
... The initial work we did connecting banks to Xero has expanded to become a financial web. By allowing small business owners to control and connect their accounting ledger to their bank, financial institution or a financial services provider, they can access services that were once primarily only offe ...
the relationship between transaction costs of external financing and
... be another reason for expecting Malaysian companies to pay less attention to transaction costs. All these interrelated arguments suggest the triviality of transaction costs of external financing in determining corporate dividend payment in Malaysia. The existing evidence from the limited amount of s ...
... be another reason for expecting Malaysian companies to pay less attention to transaction costs. All these interrelated arguments suggest the triviality of transaction costs of external financing in determining corporate dividend payment in Malaysia. The existing evidence from the limited amount of s ...
Debt, Equity and Hybrid Decoupling
... of a coupled asset. Coupled assets include derivatives (such as options, futures, and equity swaps), contractual rights (such as rights under a share loan agreement), and other financial products. We will focus initially on decoupling of voting and economic rights, and return below to other decoupli ...
... of a coupled asset. Coupled assets include derivatives (such as options, futures, and equity swaps), contractual rights (such as rights under a share loan agreement), and other financial products. We will focus initially on decoupling of voting and economic rights, and return below to other decoupli ...
RADIUS GOLD INC. (Form: 20-F, Received: 05/15
... A mineral resource estimate is based on information on the geology of the deposit and the continuity of mineralization. Assumptions concerning economic and operating parameters , including cut-off grades and economic mining widths, based on factors typical for the type of deposit, may be used if the ...
... A mineral resource estimate is based on information on the geology of the deposit and the continuity of mineralization. Assumptions concerning economic and operating parameters , including cut-off grades and economic mining widths, based on factors typical for the type of deposit, may be used if the ...
GAAP - WikiLeaks
... Episodic television series costs can be capitalized only to the extent of revenue contracted for the respective episode until its future secondary market revenues can be estimated. An entity should expense as incurred film costs in excess of this limitation on an episode-by-episode basis, and an ent ...
... Episodic television series costs can be capitalized only to the extent of revenue contracted for the respective episode until its future secondary market revenues can be estimated. An entity should expense as incurred film costs in excess of this limitation on an episode-by-episode basis, and an ent ...
Chapter 20
... AGGREGATE OUTPUT AND AGGREGATE INCOME (Y) Actual versus Planned Investment change in inventory Production minus sales desired, or planned, investment Those additions to capital stock and inventory that are planned by firms actual investment The actual amount of investment that takes place; it includ ...
... AGGREGATE OUTPUT AND AGGREGATE INCOME (Y) Actual versus Planned Investment change in inventory Production minus sales desired, or planned, investment Those additions to capital stock and inventory that are planned by firms actual investment The actual amount of investment that takes place; it includ ...
NBER WORKING PAPER SERIES IN SEARCH OF DISTRESS RISK John Y. Campbell
... they have low, not high, average returns, suggesting that the equity market has not properly priced distress risk. We show that the low returns to distressed stocks are not concentrated around earnings announcements, suggesting that the anomaly does not result from overoptimistic investor expectatio ...
... they have low, not high, average returns, suggesting that the equity market has not properly priced distress risk. We show that the low returns to distressed stocks are not concentrated around earnings announcements, suggesting that the anomaly does not result from overoptimistic investor expectatio ...
Adopting Enterprise Risk Management (ERM) in high
... Risk management lies at the core of every (re)insurer’s value proposition. Rooted in and thoroughly familiar with high-growth environments, Trust Re considers itself a forerunner in advancing metric-based risk management as a means to make value-accretive decisions in less mature insurance markets. ...
... Risk management lies at the core of every (re)insurer’s value proposition. Rooted in and thoroughly familiar with high-growth environments, Trust Re considers itself a forerunner in advancing metric-based risk management as a means to make value-accretive decisions in less mature insurance markets. ...
Form SC 13D/A SJW GROUP - SJW Filed: March 22, 2000 (period
... The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded ...
... The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded ...
Intangible assets and SMEs
... particularly important for the more developed economies, which have less scope for growth based on ‘capacity building’ and for cost competition. ...
... particularly important for the more developed economies, which have less scope for growth based on ‘capacity building’ and for cost competition. ...
What Causes Herding: Information Cascade or Search Cost ?
... superior returns. As everyone follows his signal, rational herding cannot occur. Note that not trading is never optimal (unless one introduces transaction costs) because subjects always have an informational advantage over the market maker. Alternatively, VW proposed a model with two assets traded i ...
... superior returns. As everyone follows his signal, rational herding cannot occur. Note that not trading is never optimal (unless one introduces transaction costs) because subjects always have an informational advantage over the market maker. Alternatively, VW proposed a model with two assets traded i ...
Macroeconomic Effects of Secondary Market
... the secondary market price is sufficiently high that some bankers begin originating low-quality assets, even as financiers earn positive returns on average. Investment efficiency falls and financial fragility grows in the aggregate. The root cause of this inefficiency is a pecuniary externality. Ind ...
... the secondary market price is sufficiently high that some bankers begin originating low-quality assets, even as financiers earn positive returns on average. Investment efficiency falls and financial fragility grows in the aggregate. The root cause of this inefficiency is a pecuniary externality. Ind ...
index of defined terms
... Moody's and S&P. Accordingly, credit ratings issued by DBRS, Fitch, Moody's and S&P may be used for regulatory purposes in the EU. The credit rating issued by R&I is incorporated into this Prospectus for information purposes only. Credit ratings may be adjusted over time, and there is no assurance t ...
... Moody's and S&P. Accordingly, credit ratings issued by DBRS, Fitch, Moody's and S&P may be used for regulatory purposes in the EU. The credit rating issued by R&I is incorporated into this Prospectus for information purposes only. Credit ratings may be adjusted over time, and there is no assurance t ...
View - FASB
... Like Fannie Mae and Freddie Mac, the S&L industry was created by Congress to promote home ownership. In order to receive favorable tax treatment S&Ls were required to keep most of their assets in mortgage loans, virtually all of which at that time had 30-year original terms with fixed rates. If loan ...
... Like Fannie Mae and Freddie Mac, the S&L industry was created by Congress to promote home ownership. In order to receive favorable tax treatment S&Ls were required to keep most of their assets in mortgage loans, virtually all of which at that time had 30-year original terms with fixed rates. If loan ...
Capital Adequacy Ratio Report
... external capital replenishment, undertaking external market financing and intensifying economic capital management, the Bank successfully achieved the planned target for capital adequacy ratio and maintained the same at a high level within the industry. The Bank has further strengthened its capital ...
... external capital replenishment, undertaking external market financing and intensifying economic capital management, the Bank successfully achieved the planned target for capital adequacy ratio and maintained the same at a high level within the industry. The Bank has further strengthened its capital ...
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.