Financing Durable Assets
... from markets following default as in Rampini and Viswanathan (2010, 2013, 2015).3 For this class of economies, they show that the optimal dynamic contract can be implemented with one-period ahead complete markets subject to collateral constraints. The collateral constraints imply that firms’ promise ...
... from markets following default as in Rampini and Viswanathan (2010, 2013, 2015).3 For this class of economies, they show that the optimal dynamic contract can be implemented with one-period ahead complete markets subject to collateral constraints. The collateral constraints imply that firms’ promise ...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... environmental equipment, computers and electronics, printing machinery, paint mixing machinery, packaging machinery, graphic arts and industrial manufacturing. Gast is based in Benton Harbor, Michigan, with additional facilities in England. In February 2006, IDEX acquired JUN-AIR International A/S ( ...
... environmental equipment, computers and electronics, printing machinery, paint mixing machinery, packaging machinery, graphic arts and industrial manufacturing. Gast is based in Benton Harbor, Michigan, with additional facilities in England. In February 2006, IDEX acquired JUN-AIR International A/S ( ...
Forward Looking Statements Non-GAAP
... Facilities decrease is due to renewal timing. Retention: 90%. Facilities new business: $1.0M Lawyers’ professional liability is flat . Retention: 84%. LPL new business of $900,000 Medical technology nominally up due to higher premium rates on renewal business. New business: $1.2 mil offsetting reten ...
... Facilities decrease is due to renewal timing. Retention: 90%. Facilities new business: $1.0M Lawyers’ professional liability is flat . Retention: 84%. LPL new business of $900,000 Medical technology nominally up due to higher premium rates on renewal business. New business: $1.2 mil offsetting reten ...
Commonalities and Prescriptions in the Vertical Dimension of Global
... that relate to corporate governance aim at protecting different interests, and they do so in diverse ways. A national model simply cannot incorporate all of these nuances. Therefore, it is always useful to encourage new conceptions of corporate governance that do not rely on a national model, but th ...
... that relate to corporate governance aim at protecting different interests, and they do so in diverse ways. A national model simply cannot incorporate all of these nuances. Therefore, it is always useful to encourage new conceptions of corporate governance that do not rely on a national model, but th ...
Ending "Too Big To Fail"
... “Too big to fail” is far from a new issue, as discussed in detail by Stern and Feldman (2004)―in the modern American context, it dates from at least the conservatorship of Continental Illinois in the 1980s. Concerns about this issue have become more intense since fall 2008. The status of “too big to ...
... “Too big to fail” is far from a new issue, as discussed in detail by Stern and Feldman (2004)―in the modern American context, it dates from at least the conservatorship of Continental Illinois in the 1980s. Concerns about this issue have become more intense since fall 2008. The status of “too big to ...
FREE Sample Here - Find the cheapest test bank for your
... http://testbankeasy.eu/Test-bank-for-Fundamentals-of-Corporate-Finance,6th-Edition---Richard-A.-Brealey 46. Which of the following statements best distinguishes the difference between real and financial assets? A. Real assets have less value than financial assets. B. Real assets are tangible; financ ...
... http://testbankeasy.eu/Test-bank-for-Fundamentals-of-Corporate-Finance,6th-Edition---Richard-A.-Brealey 46. Which of the following statements best distinguishes the difference between real and financial assets? A. Real assets have less value than financial assets. B. Real assets are tangible; financ ...
printmgr file - Morgan Stanley
... Debt valuation adjustments (“DVA”) represent the change in the fair value resulting from fluctuations in the Firm’s credit spreads and other credit factors related to liabilities carried at fair value, primarily certain Long-term and Short-term borrowings. Amounts include Provision for (benefit from ...
... Debt valuation adjustments (“DVA”) represent the change in the fair value resulting from fluctuations in the Firm’s credit spreads and other credit factors related to liabilities carried at fair value, primarily certain Long-term and Short-term borrowings. Amounts include Provision for (benefit from ...
Dilution Factor Calculation for Special Dividends
... statistic at one financial reporting period end date may only be correct at that point in time and when viewed from a different capital structure may present a varying statistic. A series of “per share” statistics needs to be adjusted to provide a consistent time series from which meaningful conclus ...
... statistic at one financial reporting period end date may only be correct at that point in time and when viewed from a different capital structure may present a varying statistic. A series of “per share” statistics needs to be adjusted to provide a consistent time series from which meaningful conclus ...
Report of the management board for the period from 1
... 2015 is primarily a significant improvement in working capital management. The key challenge was to improve the level of inventories which strengthened our balance sheet and at the same time improving level of service for our clients. Successful combination of this two elements resulted in strong re ...
... 2015 is primarily a significant improvement in working capital management. The key challenge was to improve the level of inventories which strengthened our balance sheet and at the same time improving level of service for our clients. Successful combination of this two elements resulted in strong re ...
PNC Capital Advisors, LLC
... Municipal Fixed Income. For separately managed accounts invested in its municipal fixed income strategies, PNC Capital Advisors generally requires a minimum account size of $1 million in assets, except that the municipal enhanced cash management strategy generally requires a minimum of $5 million in ...
... Municipal Fixed Income. For separately managed accounts invested in its municipal fixed income strategies, PNC Capital Advisors generally requires a minimum account size of $1 million in assets, except that the municipal enhanced cash management strategy generally requires a minimum of $5 million in ...
Capital Structure of SMEs: Does Firm Size Matter?
... results. However, the specific nature of the leverage ratio so far has received little attention in the empirical literature on capital structure. When the data used in this thesis was analysed for the first time, it was noticed that large proportions of SMEs in the Baltic countries do not have long ...
... results. However, the specific nature of the leverage ratio so far has received little attention in the empirical literature on capital structure. When the data used in this thesis was analysed for the first time, it was noticed that large proportions of SMEs in the Baltic countries do not have long ...
NBER WORKING PAPER SERIES THE INDUSTRY ORIGINS OF JAPANESE ECONOMIC GROWTH
... The second challenge is the capitalization of investment in software in the Japanese national accounts. The official national accounts treat expenditures for custom software, mineral exploration, and plant engineering as gross fixed capital formation (GFCF) in intangible assets. Own-account software ...
... The second challenge is the capitalization of investment in software in the Japanese national accounts. The official national accounts treat expenditures for custom software, mineral exploration, and plant engineering as gross fixed capital formation (GFCF) in intangible assets. Own-account software ...
The remainder of the paper is as follows
... that the ratio of deal size to acquirer’s total assets is at least 5% but no more than 150%. 5 This eliminates a fair numbers of mergers that we expect to have little or no impact on overall acquirer default risk because the target is only a tiny fraction of the acquirer size. We also eliminate merg ...
... that the ratio of deal size to acquirer’s total assets is at least 5% but no more than 150%. 5 This eliminates a fair numbers of mergers that we expect to have little or no impact on overall acquirer default risk because the target is only a tiny fraction of the acquirer size. We also eliminate merg ...
AMC Networks Inc.
... Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the debt. ASU 2015-03 will be applied retrospectively and is effective for the fourth quarter of 2015. Early adoption is ...
... Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 requires debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the debt. ASU 2015-03 will be applied retrospectively and is effective for the fourth quarter of 2015. Early adoption is ...
LBO General Discussion
... unit with more debt than would be considered normal for that company or industry. • Higher-than-normal debt implies that the funding may be riskier, and therefore more costly, than normal borrowing -- higher credit spreads and fees. It is often also more complex with covenants and waterfalls. • Henc ...
... unit with more debt than would be considered normal for that company or industry. • Higher-than-normal debt implies that the funding may be riskier, and therefore more costly, than normal borrowing -- higher credit spreads and fees. It is often also more complex with covenants and waterfalls. • Henc ...