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Blair, Theory of Firm
Blair, Theory of Firm

... To be sure, scholars have recognized and discussed the importance of firm-specific investments by employees for decades. Specialized knowledge and skills of employees are increasingly understood to be important factors that influence the structure and character of the employment relationship, and t ...
NBER WORKING PAPER SERIES Jonathan Berk Johan Walden
NBER WORKING PAPER SERIES Jonathan Berk Johan Walden

... imposed rather than an endogenous response to the desire to optimally share risk and so the resulting equilibrium is not Pareto efficient. The papers that first recognized the importance of endogenizing the wage contract, and therefore the ones most closely related to our paper, are Dreze (1989) an ...
Using Risk Analysis to Classify Junk Bonds as Equity for Federal
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OPEN JOINT STOCK COMPANY “AEROFLOT – RUSSIAN AIRLINES”
OPEN JOINT STOCK COMPANY “AEROFLOT – RUSSIAN AIRLINES”

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NCI, Inc. (Form: 8-K, Received: 02/10/2016 16:12:52)

... NCI’s Board of Directors has declared a special cash dividend of $0.15 per share payable March 18, 2016, to shareholders of record on the close of business on February 26, 2016. The aggregate amount of payment to be made in connection with this special dividend will be approximately $2.0 million. It ...
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Inefficient Markets, Efficient Investment?

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CLOROX CO /DE/ (Form: 10-Q, Received: 05/15/2001 13:59:56)

... Inventories totaling $31 million and $7 million were written off during the three-month periods ended March 31, 2001 and 2000, respectively, and $48 million and $9 million for the nine-month periods ended March 31, 2001 and 2000, respectively. Charges to cost of products sold included inventory writ ...
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... • Purpose – To be a more usable framework for small business owners and their users • This is not GAAP ...
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SMChap010 wo homework

... Investors in common stock are the owners of the corporation. Investors in bonds are creditors who have loaned money to the corporation. Preferred stock fits somewhere between common stock and bonds. For example, the risk and expected return are greatest for investments in common stock followed by pr ...
Comparison of regulatory capital and economic
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... large amount of capital as companies can have alternative use of the fund to engage in risk-taking business initiative(s) with a view to create profits. Also, raising capital dilutes the return for existing shareholders and senior management of companies who have share options. This can create disin ...
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The business finance guide

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... delivers its products and services through three business segments: Research, Consulting, and Events. When used in these notes, the terms “Gartner,” “Company,” “we,” “us,” or “our” refer to Gartner, Inc. and its consolidated subsidiaries. Basis of presentation. These interim condensed consolidated f ...
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Situational Influences on Management Control Systems

... Residual income makes performance targets uniform, and divisions will invest if IRR of project is greater than the capital charge (which could be set equal to the corporate cost of capital). • Capital charge for fixed assets is 10%; • Investment of $10 to earn $1,1 per year. ...
effects of working capital management on financial
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Uncertainty, Default and Risk
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... The equity owner has a building worth $76,363.64 and a mortgage of $25,000. Net worth (equity) equals $51,363.64, which the owner paid in cash. In a year the house will be worth $100,000 (Sunshine) or $20,000 (Tornado). The equity owner will owe the lender $25,000 + $4,375 interest or the $20,000 ...
consolidated statement of financial position as at 31 march 2011
consolidated statement of financial position as at 31 march 2011

... provided. Construction costs include besides others, expenditure incurred and provisions for outstanding capital commitments on the Ashram Flyover, which was significantly completed on the date of recognition of the intangible asset. This section of the bridge was commissioned on 30 th October 2001. ...
asset value guarantees under equity-based products
asset value guarantees under equity-based products

NBER WORKING PAPER SERIES TAXES, REGULATIONS, AND ASSET PRICES Ellen R. McGrattan
NBER WORKING PAPER SERIES TAXES, REGULATIONS, AND ASSET PRICES Ellen R. McGrattan

... Proof: This follows from the definition of dividends in (8) and relations (9)-(11). The price of tangible capital for the shareholders is (1 − τ pers ), not one. It is less than one because a dollar reinvested is not taxed, but a dollar distributed is taxed. The price of intangible capital is (1 − τ ...
chapter 3
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Regulatory Capital - Duisenberg school of finance
Regulatory Capital - Duisenberg school of finance

... crisis brought into sharp focus the massive costs associated with the bail out of complex global systemically important banks (G-SIBs), which were perceived as too-big-to-fail. The too-big-to-fail doctrine has been reinforced, if anything, by governments’ handling of the financial crisis. As a resul ...
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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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