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The Capital Conundrum for Co-operatives
The Capital Conundrum for Co-operatives

... sufficient amounts given the competition for capital from enterprises of other forms and the unique aspects of co-operative structure. As a first step towards understanding the co-operative movement’s approach to capital, the Blue Ribbon Commission appointed the Filene Research Institute to conduct ...
pennantpark investment corporation
pennantpark investment corporation

... received licenses from the SBA to operate as SBICs, under Section 301(c) of the Small Business Investment Act of 1958, as amended, or the 1958 Act, in 2010 and 2013, respectively. Our SBIC Funds’ objectives are to generate both current income and capital appreciation through debt and equity investme ...
AnnuAl RepoRt
AnnuAl RepoRt

Purpose with a passion
Purpose with a passion

... The Board formally reviews RB’s strategy each year. Our review in September once again confirmed that the strategy was working well and that the focus on Health and Hygiene positions us for further outperformance. During the year, we invested US$50 million to acquire a stake of around 1% in China Re ...
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(PDF 4.7 MB)

OM Asset Management plc (Form: 10-K, Received
OM Asset Management plc (Form: 10-K, Received

... This Annual Report on Form 10-K includes forward-looking statements, as that term is used in the Private Securities Litigation Reform Act of 1995, including information relating to anticipated growth in revenues, margins or earnings, anticipated changes in our business, anticipated future performanc ...
International Finance Corporation
International Finance Corporation

Major Australian Banks: Full Year 2016 Results Analysis
Major Australian Banks: Full Year 2016 Results Analysis

Nordea Annual Report 2016
Nordea Annual Report 2016

Annual Report 2015 : Setting new sights with our - Hydro
Annual Report 2015 : Setting new sights with our - Hydro

... Our employees are central to our actions and our success. Through their efforts, we have accomplished great things in the past, and we will accomplish even greater things in the future. We thank them all for their engage‑ ment and for the success they have made possible. You are our company’s pride! ...
pinnacle foods finance llc form 10-k
pinnacle foods finance llc form 10-k

3.1 Earnings management - Erasmus University Thesis Repository
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... Perhaps most important however, is that I consider the possibility that while accruals management could indeed be effectively reduced by stricter accounting standards, management could turn to real earnings management to manipulate reported earnings. IFRS is characterised by stricter rules, which co ...
Global Brokerage, Inc. - Nasdaq`s INTEL Solutions
Global Brokerage, Inc. - Nasdaq`s INTEL Solutions

... We maintain offices in these jurisdictions, among others. We offer our trading software in 17 languages and provide customer support in 15 languages. In early 2017, as described further below, we withdrew from business in the U.S. and, on February 7, 2017, agreed to sell all of our U.S.-domiciled cu ...
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Öþ¾œB— `ºƒl‡Ôã

... The information on this front page should be read in conjunction with, and is qualified in its entirety by, the more detailed information appearing elsewhere in this Tender Offer Document, in particular under “Terms and Conditions of the Tender Offer.” The Tender Offer is not being made, and the Sha ...
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barrick gold corporation
barrick gold corporation

... ounces of resources at year-end. In 2004 our focus will be on moving resources to reserve status while we bring additional reserves into production. Continued financial strength One of the reasons Barrick has been able to advance an ambitious exploration and development program is the financial stre ...
Annual report
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... In the course of Dürr’s acquisition of the majority shareholding in the Company, there were changes on the shareholder side of HOMAG Group AG’s supervisory board in the fiscal year 2014. The previous supervisory board members, Mr. Torsten Grede, Mr. Hans Fahr, Dr. Horst Heidsieck, Dr. Dieter Japs an ...
AVALONBAY COMMUNITIES INC (Form: 10-K
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... After selecting a target site, we usually negotiate for the right to acquire the site either through an option or a long-term conditional contract. Options and long-term conditional contracts generally allow us to acquire the target site shortly before the start of construction, which reduces develo ...
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American International Group, Inc.
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... allocations to a broader array of investments, including structured securities, mortgage loans, equity related opportunities and other investments that offer attractive risk-adjusted returns. Our fixed maturity securities must meet our liquidity, duration and quality objectives as well as current ca ...
Donnelley Financial Solutions, Inc. (Form: S
Donnelley Financial Solutions, Inc. (Form: S

... provide any information other than that contained in this prospectus or in any free writing prospectus prepared by or on behalf of us or to which we have referred you. Neither we, RRD, the selling stockholder nor the underwriters (or any of our or their respective affiliates) take any responsibility ...
Financial Report
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... Instruments: Recognition and Measurement” – regarding embedded derivatives (in force for annual periods beginning on or after 1 July 2009 – endorsed by EC starting from 1 December 2009). The amendment requires an entity to assess whether an embedded derivative must be separated from a host contract ...
Progressive Waste Solutions Ltd. (Form: 6-K
Progressive Waste Solutions Ltd. (Form: 6-K

... Disclaimer This Management Discussion and Analysis (“MD&A”) contains forward-looking statements and forward-looking information. Forward-looking statements are not based on historical facts but instead reflect our expectations, estimates or projections concerning future results or events. These stat ...
TORTOISE CAPITAL RESOURCES CORP (Form: N
TORTOISE CAPITAL RESOURCES CORP (Form: N

... generally produce stable cash flows as a result of their fee-based revenues and limited direct commodity price risk. Our goal is to provide our stockholders with a high level of total return, with an emphasis on dividends and dividend growth. We invest primarily in the equity securities of companies ...
2015 annual report 99 going on 100: transforming to serve you first
2015 annual report 99 going on 100: transforming to serve you first

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Corporate finance

Corporate finance is the area of finance dealing with the sources of funding and the capital structure of corporations and the actions that managers take to increase the value of the firm to the shareholders, as well as the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to maximize or increase shareholder value. Although it is in principle different from managerial finance which studies the financial management of all firms, rather than corporations alone, the main concepts in the study of corporate finance are applicable to the financial problems of all kinds of firms.Investment analysis (or capital budgeting) is concerned with the setting of criteria about which value-adding projects should receive investment funding, and whether to finance that investment with equity or debt capital. Working capital management is the management of the company's monetary funds that deal with the short-term operating balance of current assets and current liabilities; the focus here is on managing cash, inventories, and short-term borrowing and lending (such as the terms on credit extended to customers).The terms corporate finance and corporate financier are also associated with investment banking. The typical role of an investment bank is to evaluate the company's financial needs and raise the appropriate type of capital that best fits those needs. Thus, the terms ""corporate finance"" and ""corporate financier"" may be associated with transactions in which capital is raised in order to create, develop, grow or acquire businesses. Recent legal and regulatory developments in the U.S. will likely alter the makeup of the group of arrangers and financiers willing to arrange and provide financing for certain highly leveraged transactions.Financial management overlaps with the financial function of the Accounting profession. However, financial accounting is the reporting of historical financial information, while financial management is concerned with the allocation of capital resources to increase a firm's value to the shareholders.
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