Disregarded inefficiency may dominate sustainability policies
... value of genuine saving was offered as an indicator of sustainability, and this indicator was used for comparing sustainability of a wide range of developing countries. A review of empirical work on sustainability evaluation can be found in Hamilton (2010). As Hamilton and Hartwick (2005, p. 615) no ...
... value of genuine saving was offered as an indicator of sustainability, and this indicator was used for comparing sustainability of a wide range of developing countries. A review of empirical work on sustainability evaluation can be found in Hamilton (2010). As Hamilton and Hartwick (2005, p. 615) no ...
International Capital Flows and Credit Market Imperfections: a Tale
... savers, in which case they supply their resources to credit markets. Crucially, it is assumed that the quality of investment opportunities differs across individuals, so that it is in principle desirable for the most productive among them to become entrepreneurs and for the least productive among th ...
... savers, in which case they supply their resources to credit markets. Crucially, it is assumed that the quality of investment opportunities differs across individuals, so that it is in principle desirable for the most productive among them to become entrepreneurs and for the least productive among th ...
(Should) Keeps Utility Execs Awake at Night? Sandy Williams, Foley
... relatively low in the short term, has been shown to be much greater over a period measured in several years This has been reflected in conservation effects recognized after the Arab oil embargo of 1973, and then the run up in electric prices tied largely to high inflation rates and the very large nu ...
... relatively low in the short term, has been shown to be much greater over a period measured in several years This has been reflected in conservation effects recognized after the Arab oil embargo of 1973, and then the run up in electric prices tied largely to high inflation rates and the very large nu ...
Best-Practices-of-Asset-Management-Neighborworks-Part
... relationship(s). The more you shop around and make management company changes, the fewer “good” managers will want to work with you. Communicate, communicate, communicate. ...
... relationship(s). The more you shop around and make management company changes, the fewer “good” managers will want to work with you. Communicate, communicate, communicate. ...
Why Do Companies Go Public? Evidence From
... categorized as direct and indirect costs. Direct costs include legal, auditing and underwriting fees. The indirect costs are the management time and effort devoted to conducting the offering and the dilution associated with selling shares at an offer price that is, on average, below the price prevai ...
... categorized as direct and indirect costs. Direct costs include legal, auditing and underwriting fees. The indirect costs are the management time and effort devoted to conducting the offering and the dilution associated with selling shares at an offer price that is, on average, below the price prevai ...
The visible hand: ensuring optimal investment in electric power
... markets where energy and forward physical installed capacity certificates are separately exchanged. This is the case for example in the Northeast of the United States: 3 to 5 years ahead, the SO procures from producers physical capacity certificates (usually 15 to 20% higher than anticipated peak lo ...
... markets where energy and forward physical installed capacity certificates are separately exchanged. This is the case for example in the Northeast of the United States: 3 to 5 years ahead, the SO procures from producers physical capacity certificates (usually 15 to 20% higher than anticipated peak lo ...
Investment Decisions and Financial Standing of Portuguese Firms
... and Tirole (1997) works through a reduction in the supply of available resources to the credit market (be it a credit crunch, a collateral squeeze or a savings squeeze), showing that poorly capitalized firms suffer disproportionally. A particular feature of this model is that credit rationing might ...
... and Tirole (1997) works through a reduction in the supply of available resources to the credit market (be it a credit crunch, a collateral squeeze or a savings squeeze), showing that poorly capitalized firms suffer disproportionally. A particular feature of this model is that credit rationing might ...
Comprehensive Annual Financial Report
... examined annually by an independent certified public accountant and a complete set of financial statements presented in conformity with Generally Accepted Accounting Principles (GAAP) be published within six months of the close of each fiscal year. This report consists of the management’s representa ...
... examined annually by an independent certified public accountant and a complete set of financial statements presented in conformity with Generally Accepted Accounting Principles (GAAP) be published within six months of the close of each fiscal year. This report consists of the management’s representa ...
Lesson 4 A cost ofcapital
... The cost of new common stock is higher than the cost of retained earnings because of flotation costs. Flotation costs : selling and distribution costs (such as sales commissions) for the new securities. Weighted Average Cost of Capital We can use the individual costs of capital that we have computed ...
... The cost of new common stock is higher than the cost of retained earnings because of flotation costs. Flotation costs : selling and distribution costs (such as sales commissions) for the new securities. Weighted Average Cost of Capital We can use the individual costs of capital that we have computed ...
Circular no. 155/TT-BTC on guidelines for information disclosure on
... dd) Other means of mass media as prescribed (print newspapers, online newspapers, etc.). 2. The disclosers being organizations must create websites as follows: a) Each public company shall create its website within 6 months from the date of becoming public company. Each organization making public of ...
... dd) Other means of mass media as prescribed (print newspapers, online newspapers, etc.). 2. The disclosers being organizations must create websites as follows: a) Each public company shall create its website within 6 months from the date of becoming public company. Each organization making public of ...
IFRS 2
... understanding of users who do not have English as capitalisation, bonus issue or share split. Therefore, the mother tongue. number of ordinary shares outstanding is increased without an increase in resources. Before the event, this number is adjusted for its proportionate change as if the event had ...
... understanding of users who do not have English as capitalisation, bonus issue or share split. Therefore, the mother tongue. number of ordinary shares outstanding is increased without an increase in resources. Before the event, this number is adjusted for its proportionate change as if the event had ...
Public and Private Capital Markets are Not Substitutes
... The issue of using public stock information as a relevant source for valuing private stocks can be viewed by analogy. Most private companies have different foundations, both financially and organizationally, from those of most public companies. Perhaps a comparison can be found between two different ...
... The issue of using public stock information as a relevant source for valuing private stocks can be viewed by analogy. Most private companies have different foundations, both financially and organizationally, from those of most public companies. Perhaps a comparison can be found between two different ...
CM-Equity AG General Information and Risk Disclosure for
... The Client must also be aware that only a minor share of the equity shall be used as Margin. Should the Client use their entire equity as Margin, minor volatility may result in a total loss of all their Assets. These losses may even be higher than the amount deposited into the Client’s account. In s ...
... The Client must also be aware that only a minor share of the equity shall be used as Margin. Should the Client use their entire equity as Margin, minor volatility may result in a total loss of all their Assets. These losses may even be higher than the amount deposited into the Client’s account. In s ...
docx - ICEBUSS
... needs of funds for a company could be met from a source internal company, namely by trying to establish a the withdrawal of capital through sales stock to the public or profit detained that is not divided and used again as capital. Meeting the needs of company funds can are also filled by from a sou ...
... needs of funds for a company could be met from a source internal company, namely by trying to establish a the withdrawal of capital through sales stock to the public or profit detained that is not divided and used again as capital. Meeting the needs of company funds can are also filled by from a sou ...
Download attachment
... All Financial receivables and loans and receivables are measured at amortized cost less impairment losses if any. Amortized cost is calculated on the effective profit / interest rate method. Transaction cost is included in the carrying amount of the instrument and is amortized based on the effective ...
... All Financial receivables and loans and receivables are measured at amortized cost less impairment losses if any. Amortized cost is calculated on the effective profit / interest rate method. Transaction cost is included in the carrying amount of the instrument and is amortized based on the effective ...
Investing in Common Stocks
... • Stock Split: when a company increases the number of shares outstanding by exchanging a specified number of new shares of stock for each outstanding share – Usually done to lower the stock price to make it more attractive to investors – Stockholders end up with more shares of stock that sells for a ...
... • Stock Split: when a company increases the number of shares outstanding by exchanging a specified number of new shares of stock for each outstanding share – Usually done to lower the stock price to make it more attractive to investors – Stockholders end up with more shares of stock that sells for a ...
A Framework to Monitor Systemic Risk Sep. 27-28, 2012
... • Systemic risk is a marked increase in price of risk P • P is increasing in shocks s and vulnerabilities V • Goal is to measure V o Could be determined by intermediary funding constraints that depend on past shocks ...
... • Systemic risk is a marked increase in price of risk P • P is increasing in shocks s and vulnerabilities V • Goal is to measure V o Could be determined by intermediary funding constraints that depend on past shocks ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... 2004:65). In suchinvestment, the foreign firm exercises de facto or de jure control over the assets they have created. The objective ofthe investors is to acquire a lasting interest and effective control in the management of the enterprise in which directinvestment takes place. They may not necessar ...
... 2004:65). In suchinvestment, the foreign firm exercises de facto or de jure control over the assets they have created. The objective ofthe investors is to acquire a lasting interest and effective control in the management of the enterprise in which directinvestment takes place. They may not necessar ...
Investors` Horizons and the Amplification of Market Shocks
... returns after large price drops indicate that investors’ sales are not information driven (see, for instance, Coval and Stafford (2007)). Besides showing that the horizon of the shareholders holding a stock affects price drops and reversals in a robust way, we provide evidence supporting the causal ...
... returns after large price drops indicate that investors’ sales are not information driven (see, for instance, Coval and Stafford (2007)). Besides showing that the horizon of the shareholders holding a stock affects price drops and reversals in a robust way, we provide evidence supporting the causal ...
connected transaction formation of joint ventures in
... The core business of the Group includes port and port-related business. The Group has, in recent years, been actively exploring and, as and when deemed appropriate, capturing available opportunities overseas as one of the means to effectively add new growth drivers to its existing and sustainably gr ...
... The core business of the Group includes port and port-related business. The Group has, in recent years, been actively exploring and, as and when deemed appropriate, capturing available opportunities overseas as one of the means to effectively add new growth drivers to its existing and sustainably gr ...
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.