Final decision - Review of electricity transmission and distribution
... adopted in reset determinations for electricity transmission and distribution network service providers (TNSPs and DNSPs). Reviews are to be conducted every five years for transmission and at least every five years for distribution. This decision is the first of such reviews under the NER. For trans ...
... adopted in reset determinations for electricity transmission and distribution network service providers (TNSPs and DNSPs). Reviews are to be conducted every five years for transmission and at least every five years for distribution. This decision is the first of such reviews under the NER. For trans ...
Credit Suisse AG Credit Suisse International
... The interest payable under certain Securities issued under this Base Prospectus may also be calculated by reference to a fixed rate of interest or a reference rate for determining floating rate interest. Potential for Discretionary Determinations by the Issuer under the Securities Under the terms an ...
... The interest payable under certain Securities issued under this Base Prospectus may also be calculated by reference to a fixed rate of interest or a reference rate for determining floating rate interest. Potential for Discretionary Determinations by the Issuer under the Securities Under the terms an ...
Earnings Seasonality and Stock Returns
... another basis for information processing constraints. Finally, this paper is related to the literature that examines how market participants form estimates of firm earnings. A number of papers have explored how markets do not appear to correctly forecast the autocorrelation of earnings news (Bernard ...
... another basis for information processing constraints. Finally, this paper is related to the literature that examines how market participants form estimates of firm earnings. A number of papers have explored how markets do not appear to correctly forecast the autocorrelation of earnings news (Bernard ...
INVESTEC BANK PLC - Investec Treasury Portal > UK
... performance of one or more underlying assets (each an "Underlying"), being (i) a single share or a basket of shares (such Notes being the "Equity Linked Notes"), (ii) a single index or a basket of indices (such Notes being the "Index Linked Notes"), (iii) two separate underlyings, being any combinat ...
... performance of one or more underlying assets (each an "Underlying"), being (i) a single share or a basket of shares (such Notes being the "Equity Linked Notes"), (ii) a single index or a basket of indices (such Notes being the "Index Linked Notes"), (iii) two separate underlyings, being any combinat ...
Timing the Treasury Bond Market
... This master thesis is being written on behalf of a financial asset management company in Gothenburg. The company has a model, based on a number of indicators, for allocating between stocks and bonds. This model has been developed over the past ten years and is a tool that supports investors in creat ...
... This master thesis is being written on behalf of a financial asset management company in Gothenburg. The company has a model, based on a number of indicators, for allocating between stocks and bonds. This model has been developed over the past ten years and is a tool that supports investors in creat ...
Reporting Standard ARS 720.0 ABS/RBA Statement of
... 10.6. Deferred tax assets 10.7. Loan and finance lease servicing rights 10.8. Defined benefit assets 10.9. Non-current assets and disposal groups classified as held for sale 10.10. Items in suspense 10.11. Fees and commissions receivable 10.11.1. of which: Resident non-financial businesses 10.11.2. ...
... 10.6. Deferred tax assets 10.7. Loan and finance lease servicing rights 10.8. Defined benefit assets 10.9. Non-current assets and disposal groups classified as held for sale 10.10. Items in suspense 10.11. Fees and commissions receivable 10.11.1. of which: Resident non-financial businesses 10.11.2. ...
IAS 39 Implementation Guidance Questions and Answers
... financial assets and financial liabilities. When the old IASC Board voted to approve IAS 39 in December 1998, the Board noted that, at about the same time, the United States had adopted new standards on derecognition, derivatives, and hedging, and that other countries did not have comprehensive stan ...
... financial assets and financial liabilities. When the old IASC Board voted to approve IAS 39 in December 1998, the Board noted that, at about the same time, the United States had adopted new standards on derecognition, derivatives, and hedging, and that other countries did not have comprehensive stan ...
Preferred Shares - Investing For Me
... Canada cut the overnight rate by 0.50% (0.25% in January & 0.25% in July) to help stimulate the economy. With short0.00% term interest rates moving lower, the dividend income on floating rate preferred shares was adjusted lower and prices declined. With the Canadian economy continuing to struggle an ...
... Canada cut the overnight rate by 0.50% (0.25% in January & 0.25% in July) to help stimulate the economy. With short0.00% term interest rates moving lower, the dividend income on floating rate preferred shares was adjusted lower and prices declined. With the Canadian economy continuing to struggle an ...
Stock market liquidity and firm value
... (decimalization) on firm performance. Decimalization increased stock liquidity in general but it increased it more for actively traded stocks. The change in liquidity surrounding decimalization is used as an instrument for liquidity to document that stocks with a larger increase in liquidity followin ...
... (decimalization) on firm performance. Decimalization increased stock liquidity in general but it increased it more for actively traded stocks. The change in liquidity surrounding decimalization is used as an instrument for liquidity to document that stocks with a larger increase in liquidity followin ...
IMPACT OF TIME VARYING DISTRIBUTIONAL PARAMETERS ON
... The aim of this paper is to examine the impact of time-varying distributional parameters on portfolio performance. Paper is related to other literature such as Tse (1991) and Horasanl & Fidan (2007). In this work here is used the portfolio formed from 1 ETF and 6 Indexes. First, the evidences are pr ...
... The aim of this paper is to examine the impact of time-varying distributional parameters on portfolio performance. Paper is related to other literature such as Tse (1991) and Horasanl & Fidan (2007). In this work here is used the portfolio formed from 1 ETF and 6 Indexes. First, the evidences are pr ...
How To Attain Value for Money
... Since the early 1990s, but more so since the early 2000s, there has been a significant increase in the use of PPPs by OECD countries. Countries such as Australia, France, Germany, Korea and the United Kingdom increasingly use PPPs to deliver services that they previously delivered through traditiona ...
... Since the early 1990s, but more so since the early 2000s, there has been a significant increase in the use of PPPs by OECD countries. Countries such as Australia, France, Germany, Korea and the United Kingdom increasingly use PPPs to deliver services that they previously delivered through traditiona ...
ESG version 5_A4:Layout 1.qxd
... justify an investment case for ESG Information Alpha 4; • Time horizon arbitrage: In a world fixated on the shortterm and where discount rates incorporate this short-termism, taking a longer term view of a company’s prospects may result in superior returns. This is an argument that ESG-related issue ...
... justify an investment case for ESG Information Alpha 4; • Time horizon arbitrage: In a world fixated on the shortterm and where discount rates incorporate this short-termism, taking a longer term view of a company’s prospects may result in superior returns. This is an argument that ESG-related issue ...
Stock Return Serial Dependence and Out-of
... We compare the performance of the different portfolios using four criteria, all of which are computed out of sample using a ”rolling-horizon“ procedure similar to that used by DeMiguel, Garlappi, and Uppal (2009): (i) portfolio mean return; (ii) portfolio variance; (iii) Sharpe ratio, defined as the ...
... We compare the performance of the different portfolios using four criteria, all of which are computed out of sample using a ”rolling-horizon“ procedure similar to that used by DeMiguel, Garlappi, and Uppal (2009): (i) portfolio mean return; (ii) portfolio variance; (iii) Sharpe ratio, defined as the ...
Stock Prices and Earnings: A History of Research
... No other single event has been found to explain more of the cross-sectional variation in stock returns than the earnings announcement. Earnings announcements are the primary mechanism through which public companies provide periodic financial performance updates to investors. It is therefore not surp ...
... No other single event has been found to explain more of the cross-sectional variation in stock returns than the earnings announcement. Earnings announcements are the primary mechanism through which public companies provide periodic financial performance updates to investors. It is therefore not surp ...
Financial reporting developments: Asset Retirement Obligations
... at the time the obligation is incurred (provided that a reasonable estimate of fair value can be made). For example, certain obligations, such as nuclear decommissioning costs, generally are incurred as the asset is operated. Other obligations, like the obligation to remove an offshore drilling plat ...
... at the time the obligation is incurred (provided that a reasonable estimate of fair value can be made). For example, certain obligations, such as nuclear decommissioning costs, generally are incurred as the asset is operated. Other obligations, like the obligation to remove an offshore drilling plat ...
Scholar`s Edge Enrollment Kit
... Derivative instruments, investments whose values depend on the performance of an underlying security or asset, interest rate, index or currency, entail potentially higher volatility and risk of loss compared to traditional stock or bond investments. 9. Prior to 9/28/16, the Portfolio’s name was Oppe ...
... Derivative instruments, investments whose values depend on the performance of an underlying security or asset, interest rate, index or currency, entail potentially higher volatility and risk of loss compared to traditional stock or bond investments. 9. Prior to 9/28/16, the Portfolio’s name was Oppe ...
Why Firms Smooth Dividends: Empirical Evidence - USI
... policy with respect to smoothing. We find that smoothing varies not only across firms but also over time. Dividend smoothing has been increasing over the past 50 years, suggesting that managers are more concerned about dividend smoothing today. At the same time total payout smoothing has been going ...
... policy with respect to smoothing. We find that smoothing varies not only across firms but also over time. Dividend smoothing has been increasing over the past 50 years, suggesting that managers are more concerned about dividend smoothing today. At the same time total payout smoothing has been going ...
An Overview of Fee Structures in Real Estate Funds and Their
... deliberately and possibly increasing vintage-year risk), o investing in non-core assets is a more time-consuming and intensive process (as compared to investing in core properties) requiring (not only the level of fees to be higher but also) that fees be paid sooner (to cover these higher costs), an ...
... deliberately and possibly increasing vintage-year risk), o investing in non-core assets is a more time-consuming and intensive process (as compared to investing in core properties) requiring (not only the level of fees to be higher but also) that fees be paid sooner (to cover these higher costs), an ...