The relationship between government bond yields and the market
... historical market conditions is that government bond yields are currently at historical lows. In our view, the AER’s approach of applying a fixed risk premium should be replaced with an approach of estimating a risk premium that is commensurate with the prevailing conditions in the market. This appr ...
... historical market conditions is that government bond yields are currently at historical lows. In our view, the AER’s approach of applying a fixed risk premium should be replaced with an approach of estimating a risk premium that is commensurate with the prevailing conditions in the market. This appr ...
A purely theoretical study on economic growth in small open
... country does not rely totally on direct foreign investment for its technological progress. Direct foreign investment contributes to the stock of technology in the host country which helps to fasten the economic growth rate of the host country. But without direct foreign investment, the country can g ...
... country does not rely totally on direct foreign investment for its technological progress. Direct foreign investment contributes to the stock of technology in the host country which helps to fasten the economic growth rate of the host country. But without direct foreign investment, the country can g ...
Financial facts - Great West Life
... the participating account. Great-West Life manages this account, investing its assets in a diversified portfolio of bonds, mortgages and equities, including real estate. This frees policyowners from the details of hands-on management. Earnings come from favourable investment returns, mortality exper ...
... the participating account. Great-West Life manages this account, investing its assets in a diversified portfolio of bonds, mortgages and equities, including real estate. This frees policyowners from the details of hands-on management. Earnings come from favourable investment returns, mortality exper ...
An Analysis of the Feasibility of Anaerobic Digestion on Small
... Office 2011). The US EPA states that sustainable production is based on the fact that the natural environment provides everything we need to survive. Therefore “productive harmony” between humans and nature must be achieved. This is done by accounting for social, environmental and economic factors o ...
... Office 2011). The US EPA states that sustainable production is based on the fact that the natural environment provides everything we need to survive. Therefore “productive harmony” between humans and nature must be achieved. This is done by accounting for social, environmental and economic factors o ...
Retirement Plan Enrollment Booklet
... contributing to your retirement account. The figures are based on the 2011 federal tax rate: single filer, withholding one, no state tax. Your actual dollar amounts may vary. 1. Find your approximate weekly gross pay across the top. 2. Find the percentage you intend to contribute along the left edge. ...
... contributing to your retirement account. The figures are based on the 2011 federal tax rate: single filer, withholding one, no state tax. Your actual dollar amounts may vary. 1. Find your approximate weekly gross pay across the top. 2. Find the percentage you intend to contribute along the left edge. ...
Cash Holdings and Firm Value during Latin American Financial Crises
... cash holdings not only signify higher agency costs but also arise from greater investment opportunities (Opler, et al., 1999), the expected overall effect of cash holdings on firm value is uncertain. During financial crises, the effect of cash on firm value is also uncertain due to potentially grea ...
... cash holdings not only signify higher agency costs but also arise from greater investment opportunities (Opler, et al., 1999), the expected overall effect of cash holdings on firm value is uncertain. During financial crises, the effect of cash on firm value is also uncertain due to potentially grea ...
Capital Flows to Central and Eastern Europe and the Former Soviet
... in 1996-between them they still attracted only about 15 percent of total private capital flows to all developing countries in 1996.2In 1996, FDI to CEE and FSU, for example, was only $14 billion, equivalent to the total amount received by Malaysia and Mexico in that year. The distribution of FDI flo ...
... in 1996-between them they still attracted only about 15 percent of total private capital flows to all developing countries in 1996.2In 1996, FDI to CEE and FSU, for example, was only $14 billion, equivalent to the total amount received by Malaysia and Mexico in that year. The distribution of FDI flo ...
NATIONAL ASSEMBLY SOCIALIST REPUBLIC OF VIETNAM
... the investor that the investor has enjoyed previously. If any damage is caused to the legitimate interest of an investor, various support measures shall be taken or damages shall be paid in accordance with the law. 2. In case where newly promulgated policies, law provide for interests and incentives ...
... the investor that the investor has enjoyed previously. If any damage is caused to the legitimate interest of an investor, various support measures shall be taken or damages shall be paid in accordance with the law. 2. In case where newly promulgated policies, law provide for interests and incentives ...
Xerox Corporation
... information to determine the accuracy and consistency of the procedures without making generalizing assumptions. We then looked at accounting flexibility which is determined by generally accepted accounting procedures (GAAP). GAAP offers no flexibility to the recording of R&D. It must simply be expe ...
... information to determine the accuracy and consistency of the procedures without making generalizing assumptions. We then looked at accounting flexibility which is determined by generally accepted accounting procedures (GAAP). GAAP offers no flexibility to the recording of R&D. It must simply be expe ...
Ashmore Emerging Markets Liquid Investment Portfolio Ashmore
... situations. Asset allocation across the investment themes is actively managed by the Investment Committee and takes into account global macro factors as well as the local dynamics of all of the investment themes. The main index (the JP Morgan EMBI Global Diversified Index) recovered from weakness in ...
... situations. Asset allocation across the investment themes is actively managed by the Investment Committee and takes into account global macro factors as well as the local dynamics of all of the investment themes. The main index (the JP Morgan EMBI Global Diversified Index) recovered from weakness in ...
Brochure - The Brookdale Group
... Since the firm’s formation, Brookdale’s investment funds have made investments totalling more than $2 billion in more than seventy-five Sunbelt properties. The first four Brookdale funds have been fully liquidated, generating total sales revenues in excess of $1 billion for the Brookdale funds and t ...
... Since the firm’s formation, Brookdale’s investment funds have made investments totalling more than $2 billion in more than seventy-five Sunbelt properties. The first four Brookdale funds have been fully liquidated, generating total sales revenues in excess of $1 billion for the Brookdale funds and t ...
Investment Appraisal of an Animal Feed Plant in South
... umbrella of projects encouraged by the Provincial Government. At the same time, this project is owned and financed by a foreign investor, hence, making it eligible for the direct foreign investment (FDI) support scheme provided by the National Government. This study completed an integrated financial ...
... umbrella of projects encouraged by the Provincial Government. At the same time, this project is owned and financed by a foreign investor, hence, making it eligible for the direct foreign investment (FDI) support scheme provided by the National Government. This study completed an integrated financial ...
Firm Selection and Corporate Cash Holdings
... with lower idiosyncratic productivity (i.e., less profitable firms with high growth potential) to go public. The assumed mean reversion in the productivity process implies these firms have higher funding needs and choose higher cash balances at entry to save up for future investment opportunities in ...
... with lower idiosyncratic productivity (i.e., less profitable firms with high growth potential) to go public. The assumed mean reversion in the productivity process implies these firms have higher funding needs and choose higher cash balances at entry to save up for future investment opportunities in ...
Firm Selection and Corporate Cash Holdings
... with lower idiosyncratic productivity (i.e., less profitable firms with high growth potential) to go public. The assumed mean reversion in the productivity process implies these firms have higher funding needs and choose higher cash balances at entry to save up for future investment opportunities in ...
... with lower idiosyncratic productivity (i.e., less profitable firms with high growth potential) to go public. The assumed mean reversion in the productivity process implies these firms have higher funding needs and choose higher cash balances at entry to save up for future investment opportunities in ...
NBER WORKING PAPER SERIES Jesús Fernández-Villaverde
... mainly a¤ects the second moments of the variables with little e¤ect on their …rst moments. Bloom (forth.) exploits …rm-level data to estimate a model where a spike in uncertainty a¤ects real variables by freezing hiring and investment decisions. Bloom’s contribution is innovative because it builds ...
... mainly a¤ects the second moments of the variables with little e¤ect on their …rst moments. Bloom (forth.) exploits …rm-level data to estimate a model where a spike in uncertainty a¤ects real variables by freezing hiring and investment decisions. Bloom’s contribution is innovative because it builds ...
Uncertainty in Executive Compensation and Capital Investment: A Panel Study
... earnings. Managers with high earnings uncertainty, due to being tied to firm performance, will seek to hedge through reducing investments. As a result of managerial risk aversion there may be less over-investment. A reduction in investment may also be a direct result of a lack of free cash flow.4 Ye ...
... earnings. Managers with high earnings uncertainty, due to being tied to firm performance, will seek to hedge through reducing investments. As a result of managerial risk aversion there may be less over-investment. A reduction in investment may also be a direct result of a lack of free cash flow.4 Ye ...
Portugal: JESSICA evaluation study
... At project level, UDF architectures (spatially led, sector led, investor led or mixed) do not seem to have negative impact on projects, being all possibilities adequate from project perspective - project promoters rationally will look for any resource given, adapting project natures and types if nee ...
... At project level, UDF architectures (spatially led, sector led, investor led or mixed) do not seem to have negative impact on projects, being all possibilities adequate from project perspective - project promoters rationally will look for any resource given, adapting project natures and types if nee ...
What makes a great value investor?
... The third step consists of detailed research. The type of research is unconstrained and can include reading annual reports and talking to the company’s management team, customers, competitors and suppliers. Based on the assumption that Kennox is likely to hold a portfolio of 20-30 stocks with an an ...
... The third step consists of detailed research. The type of research is unconstrained and can include reading annual reports and talking to the company’s management team, customers, competitors and suppliers. Based on the assumption that Kennox is likely to hold a portfolio of 20-30 stocks with an an ...
University of Groningen An evaluation of the accounting rate of
... Although the accounting rate of return (ARR) is traditionally regarded as an important profitability measure in ratio analysis, there has been relatively little theoretical and empirical analysis on its statistical properties and its intrinsic ability to explain market returns. This paper provides a ...
... Although the accounting rate of return (ARR) is traditionally regarded as an important profitability measure in ratio analysis, there has been relatively little theoretical and empirical analysis on its statistical properties and its intrinsic ability to explain market returns. This paper provides a ...