Listed Infrastructure
... publicly traded securities issued by companies that own and/or operate infrastructure assets. These companies generate steady cash flows derived from tangible, long-lived assets with semimonopolistic pricing power – a function of the high fixed costs and, by extension the high barriers to entry asso ...
... publicly traded securities issued by companies that own and/or operate infrastructure assets. These companies generate steady cash flows derived from tangible, long-lived assets with semimonopolistic pricing power – a function of the high fixed costs and, by extension the high barriers to entry asso ...
Evidence about Bubble Mechanisms: Precipitating Event
... We are far from the first to consider positive feedback trading; there is a long literature on it, both theoretical and empirical, with notable contributions including Shiller (1984), De Long, Shleifer, Summers, and Waldmann (1990), Cutler, Poterba, and Summers (1990), Lakonishok, Shleifer, and Vish ...
... We are far from the first to consider positive feedback trading; there is a long literature on it, both theoretical and empirical, with notable contributions including Shiller (1984), De Long, Shleifer, Summers, and Waldmann (1990), Cutler, Poterba, and Summers (1990), Lakonishok, Shleifer, and Vish ...
annex - Financial Ombudsman
... The complexity of splits is acknowledged and the article advised that they “can pay off handsomely for anyone who is able to pin down their financial objectives and their attitude to risk, though you do need professional advice.” The article was largely supportive of splits and there was no real dis ...
... The complexity of splits is acknowledged and the article advised that they “can pay off handsomely for anyone who is able to pin down their financial objectives and their attitude to risk, though you do need professional advice.” The article was largely supportive of splits and there was no real dis ...
Plazacorp Investor Presentation
... − Fully internalized management team and platform − Management and Directors own a significant (~40%) stake in the company − Unparalleled dividend growth record (11 dividend increases in 10 consecutive years) − Strong relationships with leading national and regional tenants ...
... − Fully internalized management team and platform − Management and Directors own a significant (~40%) stake in the company − Unparalleled dividend growth record (11 dividend increases in 10 consecutive years) − Strong relationships with leading national and regional tenants ...
Synovus to Acquire Entaire Global Companies, Inc.
... statements. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus’ management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. A numbe ...
... statements. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus’ management and are subject to significant risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements. A numbe ...
HAMISH FRASER MT CECIL, HUNTER 1RD KELLOGG'S RURAL LEADERSHIP PROGRAMME 2013
... additional capital due to low profitability suggesting farmers have the opportunity to spend around 12% of revenues on growth related capital. Furthermore with New Zealand's annual savings gap averages about 4-5% of GDP due to poor saving and high domestic investments meaning domestic sources are un ...
... additional capital due to low profitability suggesting farmers have the opportunity to spend around 12% of revenues on growth related capital. Furthermore with New Zealand's annual savings gap averages about 4-5% of GDP due to poor saving and high domestic investments meaning domestic sources are un ...
0000950123-06-011711 - Investor Relations
... Our operating results could be negatively impacted if the IT industry experiences an economic down cycle. Our revenues and results of operations are influenced by economic conditions in general and more particularly by business conditions in the IT industry. A general economic downturn or recession, ...
... Our operating results could be negatively impacted if the IT industry experiences an economic down cycle. Our revenues and results of operations are influenced by economic conditions in general and more particularly by business conditions in the IT industry. A general economic downturn or recession, ...
Adverse Selection, Liquidity, and Market Breakdown
... In the recent crisis of 2007-2009, the market for securities backed by subprime mortgages was the …rst to su¤er a sudden dry up in liquidity. Among possible explanations for market freezes are increased uncertainty and information asymmetries about the value of assets. In particular, the di¢ culty i ...
... In the recent crisis of 2007-2009, the market for securities backed by subprime mortgages was the …rst to su¤er a sudden dry up in liquidity. Among possible explanations for market freezes are increased uncertainty and information asymmetries about the value of assets. In particular, the di¢ culty i ...
Low Correlation Strategy Trust Information Memorandum
... Due to the particular strategies and investments of some of the Underlying Funds, it may not always be possible for the LCS Trust to buy or sell interests in those Underlying Funds (for example, due to limited capacity or restricted ...
... Due to the particular strategies and investments of some of the Underlying Funds, it may not always be possible for the LCS Trust to buy or sell interests in those Underlying Funds (for example, due to limited capacity or restricted ...
the structure of forward and futures markets
... the over-the-counter forward market is a highly regulated market forward contracts prevent the writer from assuming the credit risk of the buyer terms and conditions are tailored to the specific needs of the two parties involved transaction information between the two parties involved in the forward ...
... the over-the-counter forward market is a highly regulated market forward contracts prevent the writer from assuming the credit risk of the buyer terms and conditions are tailored to the specific needs of the two parties involved transaction information between the two parties involved in the forward ...
MANAGEMENT POLICY AND STRATEGY SESSION - IX Implementing Strategy Functional Tactics and Policies
... strategy with its implementation. Companies use policies to make sure that employees throughout the firm make decisions and take actions that support the corporation’s mission, objectives, and strategies. Maytag Company: Maytag will not approve any cost reduction proposal if it reduces product quali ...
... strategy with its implementation. Companies use policies to make sure that employees throughout the firm make decisions and take actions that support the corporation’s mission, objectives, and strategies. Maytag Company: Maytag will not approve any cost reduction proposal if it reduces product quali ...
IPO Underpricing in a Simultaneous Equations Model of Supply and
... each IPO in Saudi Arabia are available. Subscribers to an IPO who receive shares become the major suppliers on the listing day (Fishe, 2002; Aggarwal, 2003). In the Saudi market, 85% of the IPOs are offered solely to individuals (retailers) at a pre-announced fixed-price. Furthermore, in our case, i ...
... each IPO in Saudi Arabia are available. Subscribers to an IPO who receive shares become the major suppliers on the listing day (Fishe, 2002; Aggarwal, 2003). In the Saudi market, 85% of the IPOs are offered solely to individuals (retailers) at a pre-announced fixed-price. Furthermore, in our case, i ...
Supply Constraints Are Not Valid Instrumental Variables for Home
... Appalachia and political leanings, some nontraditional Protestant denominations are stereotyped as anti-intellectual and associated with a “culture of poverty.”9 The correlation between cultural openness and productivity may well have grown over time.10 Table 1 lists the most and least regulated met ...
... Appalachia and political leanings, some nontraditional Protestant denominations are stereotyped as anti-intellectual and associated with a “culture of poverty.”9 The correlation between cultural openness and productivity may well have grown over time.10 Table 1 lists the most and least regulated met ...
Inflation-Indexed Securities: Description and Market Experience
... Low trading volume and evidence of illiquidity are consistent with the observation that inflationindexed securities are “buy-and-hold” instruments among both individual and institutional investors. In other words, investors such as banks and pension funds are buying inflation-indexed notes and bonds ...
... Low trading volume and evidence of illiquidity are consistent with the observation that inflationindexed securities are “buy-and-hold” instruments among both individual and institutional investors. In other words, investors such as banks and pension funds are buying inflation-indexed notes and bonds ...
Study Guide to Man, Economy, and State with
... 1. The Concept of Action The distinctive feature of the study of man is action, which is purposeful behavior. (A falling rock is not “acting” because it doesn’t “wish” to get closer to the ground.) But the social scientist (including the economist) must impute subjective intentions to the objects of ...
... 1. The Concept of Action The distinctive feature of the study of man is action, which is purposeful behavior. (A falling rock is not “acting” because it doesn’t “wish” to get closer to the ground.) But the social scientist (including the economist) must impute subjective intentions to the objects of ...
lincoln national corporation
... majority-owned subsidiaries. Through subsidiary companies, LNC operates multiple insurance and investment management businesses. The collective group of companies uses "Lincoln Financial Group" as its marketing identity. Operations are divided into four business segments. Less than majority-owned en ...
... majority-owned subsidiaries. Through subsidiary companies, LNC operates multiple insurance and investment management businesses. The collective group of companies uses "Lincoln Financial Group" as its marketing identity. Operations are divided into four business segments. Less than majority-owned en ...
The WACC Fallacy
... than stand-alone firms in high-q industries. A contribution of our paper is to show that division-level industry betas (and not simply divisions’ Tobin’s q) are an important factor in understanding investment distortions within conglomerates. We relate this new type of capital misallocation to the u ...
... than stand-alone firms in high-q industries. A contribution of our paper is to show that division-level industry betas (and not simply divisions’ Tobin’s q) are an important factor in understanding investment distortions within conglomerates. We relate this new type of capital misallocation to the u ...
Morgan Stanley Theme Trades: Ways to Play the New Spain
... O = Overweight, E = Equal-weight, U = Underweight. Reporting date is the expected date on which the company will issue results or an interim management or trading statement. RTI information: The view is the direction of the shares (rise/fall) and whether on an absolute basis or relative to the indus ...
... O = Overweight, E = Equal-weight, U = Underweight. Reporting date is the expected date on which the company will issue results or an interim management or trading statement. RTI information: The view is the direction of the shares (rise/fall) and whether on an absolute basis or relative to the indus ...
Beyond Shareholder Value: Normative Standards for Sustainable
... corporations and their role in the American economy. The role of corporate directors is considered next, particularly vis-A-vis shareholders, from an interdisciplinary perspective, analyzing case law as well as legal, management, and finance literature. Recent trends suggest that the major role of l ...
... corporations and their role in the American economy. The role of corporate directors is considered next, particularly vis-A-vis shareholders, from an interdisciplinary perspective, analyzing case law as well as legal, management, and finance literature. Recent trends suggest that the major role of l ...
5. Debt Market
... The debt market in India consists of mainly two categories—the government securities or the G-Sec markets comprising central government and state government securities, and the corporate bond market. In order to finance its fiscal deficit, the government floats fixed income instruments and borrows m ...
... The debt market in India consists of mainly two categories—the government securities or the G-Sec markets comprising central government and state government securities, and the corporate bond market. In order to finance its fiscal deficit, the government floats fixed income instruments and borrows m ...
Limit Order Strategic Placement with Adverse Selection
... liquidity to child orders of investors. Price dynamics around their orders have been studied too (see for instance [Biais et al., 2016] for small time scales and [van Kervel and Menkveld, 2014] for large time scales). In practice market makers and investors use optimal trading strategies to bind the ...
... liquidity to child orders of investors. Price dynamics around their orders have been studied too (see for instance [Biais et al., 2016] for small time scales and [van Kervel and Menkveld, 2014] for large time scales). In practice market makers and investors use optimal trading strategies to bind the ...
Notes to Consolidated Financial Statements
... whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss shall be recognized only if the carrying amount of a long-lived asset is not recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the ...
... whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss shall be recognized only if the carrying amount of a long-lived asset is not recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the ...