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Optimum Bank Equity Capital and Value at Risk
Optimum Bank Equity Capital and Value at Risk

Paper-14: Advanced Financial Management
Paper-14: Advanced Financial Management

Corporate presentation
Corporate presentation

... • Global automotive production expected to grow above historic rates driven by emerging markets ...
Chapter 14
Chapter 14

... should also be considered such as industry trends, technological changes, changes in consumer tastes, changes in broad economic factors, and changes within the company itself. Helpful Hint: Some skepticism is healthy when dealing with financial statement analysis. Reinforce the limitations of relyin ...
1 VALUING PRIVATE FIRMS So far in this book, we
1 VALUING PRIVATE FIRMS So far in this book, we

Chapter 11
Chapter 11

press release
press release

... and we noted in TFG’s Q3 2012 performance report that we would continue to monitor closely over the course of Q4 2012 whether these reductions were sustained, before considering a reduction in applicable discount rates. In Q4 2012 observable data has confirmed the re-rating of CLO risk, albeit the t ...
an indication of a `credit-fuelled` burst that was `fictitious`.
an indication of a `credit-fuelled` burst that was `fictitious`.

... Many workers employed by capitalist companies do not produce value and surplus value. These are the ones operating in what Marx calls the ‘sphere of circulation’. One area of this is the capitalist market activity of transforming use-values into values or the reverse operation, ie the selling or bu ...
Measuring Investment Distortions When Risk-Averse
Measuring Investment Distortions When Risk-Averse

Accounting vs. Market-based Measures of Firm Performance
Accounting vs. Market-based Measures of Firm Performance

Equities for Yield - Bermuda Investment Advisory Services
Equities for Yield - Bermuda Investment Advisory Services

Horizontal Analysis
Horizontal Analysis

... The number of times interest charges are earned can be adapted for use with dividends on preferred stock. Number of Times Preferred Dividends = Are Earned ...
Unintended Consequences: How higher investor taxes
Unintended Consequences: How higher investor taxes

... Instead, news of various possible outcomes and their likelihood will gradually trickle into the marketplace until we know with certainty what the new tax environment will be for 2011. In the meantime, many other factors continue to affect equity valuations, including economic growth (or lack thereof ...
Earnings Release Q3 FY 2016: Strong execution drives growth and
Earnings Release Q3 FY 2016: Strong execution drives growth and

... This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan ...
The Relationship between Ownership Structure and the Probability
The Relationship between Ownership Structure and the Probability

... Liping (2006) shows that institutional investors who are external shareholders have a negative relationship with their firms’ financial performance. Financial institutions do not execute monitoring and promoting functions. Since the financial institutions are institutional investors, they just want ...
міністерство освіти і науки україни державний економіко
міністерство освіти і науки україни державний економіко

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Chapter 4

Lecture Presentation to accompany Investment Analysis
Lecture Presentation to accompany Investment Analysis

... The pure rate of interest is the exchange rate between future consumption and present consumption. Market forces determine this rate. Pay for borrowed funds Wish to receive on savings Base on market conditions  Supply and demand ...
integrative problem
integrative problem

... 2) You own a bond that pays $100 in interest annually, has a par value of $1000, and matures in 15 years. What is the value of the bond if your required rate of return is 12%? What is the value of the bond if your required rate of return (a) increases to 15% or (b) decreases to 8%? Now, recompute al ...
Audit 2014 - Xavier Society for the Blind
Audit 2014 - Xavier Society for the Blind

Comments on “When Do TIPS Prices Adjust to
Comments on “When Do TIPS Prices Adjust to

... of future dividend payments (T-t), and the cost of capital (k). - Sensitivity analysis shows that the relationship between the optimal payout ratio and the growth rate is generally negative. =>a firm with a higher rate of return on assets tends to payout less when its growth opportunities increase. ...
Interest Rates and Aggregate Corporate Investment
Interest Rates and Aggregate Corporate Investment

... Jorgenson in 1963 that draws its fundamentals from the maximisation of utility and wealth over time for a firm (Eklund, 2013). The production function and profit function is optimized in order to maximise the discount flow of all future profits (Jorgenson 1963). In the neoclassical model adjustment ...
Week 6 Slides
Week 6 Slides

... Corporation Interest Rate Risk Management and identify issues in the case you have ...
Chapter 9 - Tamu.edu
Chapter 9 - Tamu.edu

... liabilities. It is computed by dividing current assets by current liabilities. For example, assuming current assets of $200,000 and current liabilities of $100,000, the current ratio would be $200,000/$100,000 = 2.0 (for each dollar of current liabilities there are two dollars of current assets). Th ...
How to Read a Value Line Report
How to Read a Value Line Report

... dividend information; and a variety of other very useful data. Each page in this section is updated every 13 weeks. When important, and often unforeseen, news occurs during these 13 week intervals, a Supplementary Report (appearing in the back section of Ratings & Reports) is published. If there is ...
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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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