Soft Landings (February 2000), with Martin Schneider
... good projects. In contrast, in our model it prevents wasteful investment and makes the emergence of lending booms more difficult. Ljungqvist (1995), Krugman (1998a,b) and Corsetti et al. (1999) have both studied the role of the moral hazard problem arising from government guarantees in the context o ...
... good projects. In contrast, in our model it prevents wasteful investment and makes the emergence of lending booms more difficult. Ljungqvist (1995), Krugman (1998a,b) and Corsetti et al. (1999) have both studied the role of the moral hazard problem arising from government guarantees in the context o ...
too big to fail
... Since 2009 UBS has almost halved its risk-weighted assets (RWA) and significantly reduced its balance sheet. Today, UBS is among the best-capitalized large global banks, with a fully applied Basel III CET1 capital ratio of 14.2% as of 30 June 2016, above our target of at least 13%. It operates a str ...
... Since 2009 UBS has almost halved its risk-weighted assets (RWA) and significantly reduced its balance sheet. Today, UBS is among the best-capitalized large global banks, with a fully applied Basel III CET1 capital ratio of 14.2% as of 30 June 2016, above our target of at least 13%. It operates a str ...
0001193125-14-167598 - Town Sports International Holdings, Inc.
... 2020 (“2013 Term Loan Facility”) and a $45,000 revolving loan facility maturing on November 15, 2018 (“2013 Revolving Loan Facility”). Proceeds from the 2013 Term Loan Facility of $323,375 was issued, net of an original issue discount (“OID”) of 0.5%, or $1,625. Debt issuance costs recorded in conne ...
... 2020 (“2013 Term Loan Facility”) and a $45,000 revolving loan facility maturing on November 15, 2018 (“2013 Revolving Loan Facility”). Proceeds from the 2013 Term Loan Facility of $323,375 was issued, net of an original issue discount (“OID”) of 0.5%, or $1,625. Debt issuance costs recorded in conne ...
STUDY ON MERGERS: A RATIONALE FOR CONGLOMERATE MERGERS by NICOLAS S. MAJLUF Engineering, Universidad Catolica de Chile
... the business environment. They correspond to the combination of two (or more) firms into a unique business concern. This study is grounded on the notion that looking at mergers from a financial point of view may provide a valid platform for analyzing merger movements. The fundamental development of ...
... the business environment. They correspond to the combination of two (or more) firms into a unique business concern. This study is grounded on the notion that looking at mergers from a financial point of view may provide a valid platform for analyzing merger movements. The fundamental development of ...
English - Oman Air
... The Oman Air Group has again experienced impressive growth throughout our business over the course of 2011. Whilst natural disasters, civil strife, economic uncertainty and rising fuel prices have all had a negative impact on Oman Air’s financial performance, the outstanding quality of our product a ...
... The Oman Air Group has again experienced impressive growth throughout our business over the course of 2011. Whilst natural disasters, civil strife, economic uncertainty and rising fuel prices have all had a negative impact on Oman Air’s financial performance, the outstanding quality of our product a ...
optimal capital structure
... We have studied three companies within the real estate industry due to comparable issues. Our result reveals that the companies do not use any mathematical model when deciding their capital structure but they do consider many important factors. The business and financial risk have the largest impact ...
... We have studied three companies within the real estate industry due to comparable issues. Our result reveals that the companies do not use any mathematical model when deciding their capital structure but they do consider many important factors. The business and financial risk have the largest impact ...
Liquidity Policies and Systemic Risk
... scarcity of bank reserves. Indeed, in the U.S., the Federal Reserve used changes in reserve requirements as a policy instrument until the early 1990s, and emerging market economies tend to use variation in central bank liquidity requirements as a policy tool to this day. The type of liquidity requir ...
... scarcity of bank reserves. Indeed, in the U.S., the Federal Reserve used changes in reserve requirements as a policy instrument until the early 1990s, and emerging market economies tend to use variation in central bank liquidity requirements as a policy tool to this day. The type of liquidity requir ...
Our greatest resOurce can be
... per share, a $0.57 decrease from the prior year. However, as you will note in this report, our financial position remains strong. In 2008, we experienced stable operating cash flows, an improved capital structure, lower financing costs, strong liquidity, and significant rate relief from Arizona and ...
... per share, a $0.57 decrease from the prior year. However, as you will note in this report, our financial position remains strong. In 2008, we experienced stable operating cash flows, an improved capital structure, lower financing costs, strong liquidity, and significant rate relief from Arizona and ...
The EFFECTS of THE IAS/IFRS ADOPTION in EUROPE on the
... Three main different criteria can be used to estimate this variable. The first and simplest approach is based on the assumption that historical realized returns are good indicators of expected returns and, therefore, can be used as proxies for the cost of equity capital. However, prior research has ...
... Three main different criteria can be used to estimate this variable. The first and simplest approach is based on the assumption that historical realized returns are good indicators of expected returns and, therefore, can be used as proxies for the cost of equity capital. However, prior research has ...
Xerox Corporation
... The financial valuations are the most important and significant part of the equity analysis. Here we take our forecasted financials, knowledge of the industry, and ability to understand finance in order to assign estimated fair values to the market price per share of Xerox. The ultimate goal of the ...
... The financial valuations are the most important and significant part of the equity analysis. Here we take our forecasted financials, knowledge of the industry, and ability to understand finance in order to assign estimated fair values to the market price per share of Xerox. The ultimate goal of the ...
Accounting for Financial Instruments: Difficulties with Fair Value
... By 2008, the two Standards Boards’ hoped to complete or substantially complete the work needed to eliminate the differences in standards of the trivial accounting areas. This would be achieved either through one or more short-term standard setting projects between 2006 and 2008 (“A Roadmap”). These ...
... By 2008, the two Standards Boards’ hoped to complete or substantially complete the work needed to eliminate the differences in standards of the trivial accounting areas. This would be achieved either through one or more short-term standard setting projects between 2006 and 2008 (“A Roadmap”). These ...
Endowment? - Office of the Vice President for Finance and Treasurer
... income of your endowment. Funds which are fully reinvested will have the reinvestment flag turned to “Y” (yes; reinvest). Funds which are fully reinvested will still have gross and net AIF income available for spending indicated in the upper right-hand corner of the 114 reports, however all yield wi ...
... income of your endowment. Funds which are fully reinvested will have the reinvestment flag turned to “Y” (yes; reinvest). Funds which are fully reinvested will still have gross and net AIF income available for spending indicated in the upper right-hand corner of the 114 reports, however all yield wi ...