Values Based Management_Text_4
... advisors and others to revise the approach to the business presented by VBM. The changes make them also think about the future development of the concept. The general idea is still vital anyway! Shareholders and investors are strongly interested in the rate of return even though the approach require ...
... advisors and others to revise the approach to the business presented by VBM. The changes make them also think about the future development of the concept. The general idea is still vital anyway! Shareholders and investors are strongly interested in the rate of return even though the approach require ...
simpler, smoother, smarter business
... customer sectors, the need arises from the change in value creation models and processes. Consequently, the clientele is partly changing from IT management to business management. At the same time, the IT environment is becoming increasingly complex. The customers want to utilise different solutions ...
... customer sectors, the need arises from the change in value creation models and processes. Consequently, the clientele is partly changing from IT management to business management. At the same time, the IT environment is becoming increasingly complex. The customers want to utilise different solutions ...
Whither Delaware? Limited Commitment and the Financial Value of
... whether a state’s response to a firm’s limited commitment problem may better capture how state corporate laws affect firm value. The limited commitment problem concerns potential conflicts of interests between shareholders and other stakeholders, including managers. Such a problem arises out of the ...
... whether a state’s response to a firm’s limited commitment problem may better capture how state corporate laws affect firm value. The limited commitment problem concerns potential conflicts of interests between shareholders and other stakeholders, including managers. Such a problem arises out of the ...
northstar realty europe corp. - corporate
... This Quarterly Report on Form 10-Q contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, or Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, o ...
... This Quarterly Report on Form 10-Q contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, or Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, o ...
NBER WORKING PAPER SERIES THE INDUSTRY LIFE CYCLE, ACQUISITIONS AND
... are characterized by marked differences in investment and restructuring activity (Gort and Klepper (1982), Jovanovic (1982), Klepper and Grady (1990), Klepper (1996)). The evidence suggests that changes in the number of firms in an industry occur at times of transition in an industry’s life cycle whe ...
... are characterized by marked differences in investment and restructuring activity (Gort and Klepper (1982), Jovanovic (1982), Klepper and Grady (1990), Klepper (1996)). The evidence suggests that changes in the number of firms in an industry occur at times of transition in an industry’s life cycle whe ...
NBER WORKING PAPER SERIES CAPITAL STRUCTURE WITH RISKY FOREIGN INVESTMENT Mihir A. Desai
... introducing the possibility that foreign governments will take arbitrary actions that directly or indirectly influence the returns of American investors.2 This uncertainty is costly in environments in which parent companies may require the use of costly external finance. Multinational firms can resp ...
... introducing the possibility that foreign governments will take arbitrary actions that directly or indirectly influence the returns of American investors.2 This uncertainty is costly in environments in which parent companies may require the use of costly external finance. Multinational firms can resp ...
Driving success in a growing market
... under its own brand or that of its channel partner. In 2015, Gamma’s market share of the UK business market stood at just 0.7%, leaving plenty of opportunity for further growth. At the end of 2014, Gamma acquired a mobile infrastructure enabling it to develop and manage a range of mobile services, e ...
... under its own brand or that of its channel partner. In 2015, Gamma’s market share of the UK business market stood at just 0.7%, leaving plenty of opportunity for further growth. At the end of 2014, Gamma acquired a mobile infrastructure enabling it to develop and manage a range of mobile services, e ...
The Impact of Prices on Takeovers - Wharton Finance
... real consequences by impacting takeovers. Our paper is therefore related to the behavioral corporate finance literature (surveyed by Baker, Ruback, and Wargler (2007)). In particular, Dong et al. (2006) use a firm’s multiple as an indicator for mispricing and link it to takeover activity. Unlike us, ...
... real consequences by impacting takeovers. Our paper is therefore related to the behavioral corporate finance literature (surveyed by Baker, Ruback, and Wargler (2007)). In particular, Dong et al. (2006) use a firm’s multiple as an indicator for mispricing and link it to takeover activity. Unlike us, ...
Tier 1 capital
... minimum amount of Tier 1 capital and capital base on both an individual authorised deposit-taking institution (Level 1) basis and consolidated banking group (Level 2) basis. In addition, they may include an amount of Tier 2 capital as part of their required capital holdings, up to the limits specifi ...
... minimum amount of Tier 1 capital and capital base on both an individual authorised deposit-taking institution (Level 1) basis and consolidated banking group (Level 2) basis. In addition, they may include an amount of Tier 2 capital as part of their required capital holdings, up to the limits specifi ...
4.1 Foreign strategic ownership and minority shareholder protection
... minority shareholders to have a direct influence on corporate decisions. In addition, under the current legal system in China, minority shareholders have few options to take private enforcement action against blockholder misconduct (Jiang et al., 2010). Researchers have found various channels throu ...
... minority shareholders to have a direct influence on corporate decisions. In addition, under the current legal system in China, minority shareholders have few options to take private enforcement action against blockholder misconduct (Jiang et al., 2010). Researchers have found various channels throu ...
The Timing of Asset Sales
... implicit contracts. Incentives arising from stakeholder costs are associated with the role of reported earnings in assessing the ability of the firm to honour implicit claims, such as warranties, employment contracts, use of trade credit and so on. Controlling for traditional earnings management inc ...
... implicit contracts. Incentives arising from stakeholder costs are associated with the role of reported earnings in assessing the ability of the firm to honour implicit claims, such as warranties, employment contracts, use of trade credit and so on. Controlling for traditional earnings management inc ...
GLOBAL PAYMENTS INC
... These unaudited consolidated financial statements include our accounts and those of our majority-owned subsidiaries, and all intercompany balances and transactions have been eliminated in consolidation. These unaudited consolidated financial statements have been prepared in accordance with accountin ...
... These unaudited consolidated financial statements include our accounts and those of our majority-owned subsidiaries, and all intercompany balances and transactions have been eliminated in consolidation. These unaudited consolidated financial statements have been prepared in accordance with accountin ...
Speaking of the Short-term: Disclosure Horizon and Capital Market
... Prior studies in the accounting and finance literature have documented internal and external factors that give rise to short-termism and linked these determinants to managerial actions. As demonstrated in several theoretical models, incentives cause managers to behave myopically (e.g., Narayanan 198 ...
... Prior studies in the accounting and finance literature have documented internal and external factors that give rise to short-termism and linked these determinants to managerial actions. As demonstrated in several theoretical models, incentives cause managers to behave myopically (e.g., Narayanan 198 ...
AMERCO /NV/ (Form: 10-Q, Received: 11/05/2014
... provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, Medicare s upplement and annuity policies. ...
... provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, Medicare s upplement and annuity policies. ...