Reinvestment Behavior of Large Repatriating Firms
... and dividends) in 2005 is $103.3. Thus, with respect to these largest 29 repatriators, at least 51% of the amounts repatriated cannot have been spent on shareholder payouts during 2005.2 To my knowledge, I am the first to make this point, and it stands in contrast to a common interpretation of the ...
... and dividends) in 2005 is $103.3. Thus, with respect to these largest 29 repatriators, at least 51% of the amounts repatriated cannot have been spent on shareholder payouts during 2005.2 To my knowledge, I am the first to make this point, and it stands in contrast to a common interpretation of the ...
Does Financial Constraint Affect Shareholder Taxes and the
... 2000, among others, segregate firms based on whether they pay dividends. They report that the benefits of the TRA cut in capital gains taxes fell disproportionately on nondividend-paying firms. They interpret this finding as evidence that TRA affected the equity markets because its capital gains tax ...
... 2000, among others, segregate firms based on whether they pay dividends. They report that the benefits of the TRA cut in capital gains taxes fell disproportionately on nondividend-paying firms. They interpret this finding as evidence that TRA affected the equity markets because its capital gains tax ...
Outside Entrepreneurial Capital
... segmented by investor type, there is comparatively less rigorous data and evidence about the comparative ability of different types of investors to mitigate informational problems associated with outside finance, and the comparative importance of different sources of capital to different types of en ...
... segmented by investor type, there is comparatively less rigorous data and evidence about the comparative ability of different types of investors to mitigate informational problems associated with outside finance, and the comparative importance of different sources of capital to different types of en ...
Sprott Bridging Income Fund LP Overview
... This presentation contains forward-looking statements which reflect the current expectations of management regarding future growth, results of operations, performance and business prospects and opportunities. Wherever possible, words such as “may”, “would”, “could”, “will”, “anticipate”, “believe”, ...
... This presentation contains forward-looking statements which reflect the current expectations of management regarding future growth, results of operations, performance and business prospects and opportunities. Wherever possible, words such as “may”, “would”, “could”, “will”, “anticipate”, “believe”, ...
Mutual fund
... Funds (ETFs): Some Basics Financial services organization that receives money from shareholders and invests it on their behalf Investors become part owners in a securities portfolio More people invest in mutual funds than any other financial product ...
... Funds (ETFs): Some Basics Financial services organization that receives money from shareholders and invests it on their behalf Investors become part owners in a securities portfolio More people invest in mutual funds than any other financial product ...
MyNorth PIMCO Diversified Fixed Interest Fund PDS
... Incorporated information' for the Fund and go to 'Distributions', ‘Investing in the Fund’, ‘Accessing your money’ and ‘Other important information’ in the Incorporated information document accompanying the PDS. The material relating to how the Fund works may change between the time when you read thi ...
... Incorporated information' for the Fund and go to 'Distributions', ‘Investing in the Fund’, ‘Accessing your money’ and ‘Other important information’ in the Incorporated information document accompanying the PDS. The material relating to how the Fund works may change between the time when you read thi ...
How Do Private Equity Investments Perform Compared to Public
... America. On both continents, buyout funds have historically outperformed public market returns and by similar magnitudes. Our sample of European venture funds is limited which precludes strong conclusions. It appears, however, that venture investing in Europe has been less successful than in North A ...
... America. On both continents, buyout funds have historically outperformed public market returns and by similar magnitudes. Our sample of European venture funds is limited which precludes strong conclusions. It appears, however, that venture investing in Europe has been less successful than in North A ...
TrustSM Target Date Collective Investment Funds
... Trust. PMC receives management fees from Principal Funds. The Collective Investment Funds maintained by Principal Trust may also include group annuity separate accounts (“Separate Accounts”) managed by Principal Life Insurance Company (“Principal Life”), an affiliate of Principal Trust. Principal Li ...
... Trust. PMC receives management fees from Principal Funds. The Collective Investment Funds maintained by Principal Trust may also include group annuity separate accounts (“Separate Accounts”) managed by Principal Life Insurance Company (“Principal Life”), an affiliate of Principal Trust. Principal Li ...
diversified growth funds - Pensions and Lifetime Savings Association
... 3. Absolute Return Funds: aiming to deliver a target return, that is often formulated as Libor/cash +, to be delivered in all market conditions. These strategies rely heavily on the fund manager’s expertise to deliver alpha to achieve their investment objectives. The avoidance of losses or at least ...
... 3. Absolute Return Funds: aiming to deliver a target return, that is often formulated as Libor/cash +, to be delivered in all market conditions. These strategies rely heavily on the fund manager’s expertise to deliver alpha to achieve their investment objectives. The avoidance of losses or at least ...
15 THEORIES OF INVESTMENT EXPENDITURES
... knows IBM’s reputation and many analysts and investment advisors track IBM’s performance on a week-to-week basis. However, it would be difficult for a potential investor to get similar information about a tiny startup company. Since investors will not usually invest in firms they know nothing about, ...
... knows IBM’s reputation and many analysts and investment advisors track IBM’s performance on a week-to-week basis. However, it would be difficult for a potential investor to get similar information about a tiny startup company. Since investors will not usually invest in firms they know nothing about, ...
Mobilizing Private Capital for Public Good: Priorities for Canada
... because they are unemployed, have no credit history, or lack collateral. These loans can be used to finance licensing and training, and ultimately aim to help immigrants enter the workforce. The IAF has invested over $5 million in loans, with an average loan amount of $6,500. The annual interest rat ...
... because they are unemployed, have no credit history, or lack collateral. These loans can be used to finance licensing and training, and ultimately aim to help immigrants enter the workforce. The IAF has invested over $5 million in loans, with an average loan amount of $6,500. The annual interest rat ...
Hedge Funds and Governance Targets
... “gone from the imperial CEO to the imperial stockholder.”16 Critics like Lipton ask why, between a team of managers who have been running a firm for years and an outside activist looking for above-market returns in the current period, the activist’s judgment about the best way to run the business sh ...
... “gone from the imperial CEO to the imperial stockholder.”16 Critics like Lipton ask why, between a team of managers who have been running a firm for years and an outside activist looking for above-market returns in the current period, the activist’s judgment about the best way to run the business sh ...
Gary S. Becker Robert Kevin HUNAR CAPITa, FERTILITY,
... as the stock of human capital increases, until the stock becomes large. This arises because the education sector uses human capital note tutensively than either the capital producing sector of the goods producing sector. This produces multiple steady scares: an undeveloped steady stare with little h ...
... as the stock of human capital increases, until the stock becomes large. This arises because the education sector uses human capital note tutensively than either the capital producing sector of the goods producing sector. This produces multiple steady scares: an undeveloped steady stare with little h ...
Lock-In, Vertical Integration, and Investment: The Case of Eastern
... from a specific supplier). Among other things, Joskow finds that mine-mouth plants are more likely to be integrated with the corresponding coal mine. More recently, Baker and Hubbard (2003, 2004) investigated how the adoption of different classes of on-board computers (OBCs) between 1987 and 1997 in ...
... from a specific supplier). Among other things, Joskow finds that mine-mouth plants are more likely to be integrated with the corresponding coal mine. More recently, Baker and Hubbard (2003, 2004) investigated how the adoption of different classes of on-board computers (OBCs) between 1987 and 1997 in ...
The UK Social Investment Market
... market and affect some of the observations that we make above. Organisations such as ClearlySo, the New Economics Foundation, and the Social Stock Exchange are contributing to the infrastructure of the market. In addition, many interesting and innovative deals have been brought to market or are in d ...
... market and affect some of the observations that we make above. Organisations such as ClearlySo, the New Economics Foundation, and the Social Stock Exchange are contributing to the infrastructure of the market. In addition, many interesting and innovative deals have been brought to market or are in d ...
Inverse Bank Run, Output, and Welfare Distribution
... In this paper, I examine the impact of Sudden Stops and Sudden Floods in terms of a familiar finance model that is free from the assumption of collateral constraints and other principal-agent problems. The focus is on foreign direct investment (FDI), which makes the analysis independent and compleme ...
... In this paper, I examine the impact of Sudden Stops and Sudden Floods in terms of a familiar finance model that is free from the assumption of collateral constraints and other principal-agent problems. The focus is on foreign direct investment (FDI), which makes the analysis independent and compleme ...
research paper series Research Paper 2006/34
... severe depreciations when both growth opportunities and financial constraints arise. Finally, focusing on Indonesia, Blalock et al. (2004) show that following the 1997 East Asian financial crisis which led to a strong currency devaluation, only foreign-owned exporters were able to significantly incr ...
... severe depreciations when both growth opportunities and financial constraints arise. Finally, focusing on Indonesia, Blalock et al. (2004) show that following the 1997 East Asian financial crisis which led to a strong currency devaluation, only foreign-owned exporters were able to significantly incr ...
SME Access to External Finance BIS ECONOMICS PAPER NO. 16 JANUARY 2012
... Government, finance providers, SMEs and their representative organisations on the availability of finance and what can be done to increase it. The current economic challenges within the Euro zone increase these concerns. Access to external finance for business start-up, investment and growth is fund ...
... Government, finance providers, SMEs and their representative organisations on the availability of finance and what can be done to increase it. The current economic challenges within the Euro zone increase these concerns. Access to external finance for business start-up, investment and growth is fund ...
Consolidated Financial Statements
... • Cost of each subsidiary in the parent’s accounts does not reflect its performance since acquisition; • It is difficult to understand the activities of the group as a whole by looking at several individual sets of financial statements; • The individual accounts may be distorted by the effects of tr ...
... • Cost of each subsidiary in the parent’s accounts does not reflect its performance since acquisition; • It is difficult to understand the activities of the group as a whole by looking at several individual sets of financial statements; • The individual accounts may be distorted by the effects of tr ...
republic of vanuatu
... If the Director of Fisheries subsequently advises the Director of Customs that the Director of Fisheries is satisfied (based on information not available to him or her when giving advice under subclause (3)) that the capital investment in Vanuatu has been (or will be) less than a total of VT1 billio ...
... If the Director of Fisheries subsequently advises the Director of Customs that the Director of Fisheries is satisfied (based on information not available to him or her when giving advice under subclause (3)) that the capital investment in Vanuatu has been (or will be) less than a total of VT1 billio ...
Download attachment
... Closed and open funds also differ in governance structures. In the case of closed pension funds set up in the trust form, the administration of the fund is the responsibility of a board of trustees that represent the interests of the beneficiaries. The composition and responsibilities of the board v ...
... Closed and open funds also differ in governance structures. In the case of closed pension funds set up in the trust form, the administration of the fund is the responsibility of a board of trustees that represent the interests of the beneficiaries. The composition and responsibilities of the board v ...
Wave 6 - BetterInvesting
... 2005 to +5.0 today. Currently the BetterInvesting Index is +5.0, down from +19.3 in January 2004. On a scale from -100 to +100 (where zero indicates a neutral attitude towards the stock market), an Index of +5.0 shows trace levels of optimism tempered by concern about the direction of the economy. ...
... 2005 to +5.0 today. Currently the BetterInvesting Index is +5.0, down from +19.3 in January 2004. On a scale from -100 to +100 (where zero indicates a neutral attitude towards the stock market), an Index of +5.0 shows trace levels of optimism tempered by concern about the direction of the economy. ...
NBER WORKING PAPER SERIES INEFFICIENT INVESTMENT WAVES Zhiguo He Péter Kondor
... and after trading the latter group invests all their cash into the new opportunity while the former operates their capital holdings. We consider both the complete market case when the idiosyncratic shock is contractible, and the incomplete market case when the market for such contracts is missing. ...
... and after trading the latter group invests all their cash into the new opportunity while the former operates their capital holdings. We consider both the complete market case when the idiosyncratic shock is contractible, and the incomplete market case when the market for such contracts is missing. ...
ACCE 457b PLAN FALL MEETING
... Investors should carefully consider a mutual fund’s investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calli ...
... Investors should carefully consider a mutual fund’s investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calli ...
Do family firms grow differently than non
... and creditors. Because the family firm have less incentive for transparency, we expect A3 to be higher. As a consequence banks will be more reluctant to give loans, causing financial constraints and hence underinvestment. A3 might also reduce the willingness to take risky project and thus give a low ...
... and creditors. Because the family firm have less incentive for transparency, we expect A3 to be higher. As a consequence banks will be more reluctant to give loans, causing financial constraints and hence underinvestment. A3 might also reduce the willingness to take risky project and thus give a low ...