Will the Bretton Woods 2 Regime Unravel Soon?
... of the financing the United States needs to sustain its deficits. The total increase of in dollar reserves reported by the BIS, not US data, provides the best indicator of total “official” support for the US.1 In 2003, the world’s central banks added $440 billion of dollar reserves and, but for a $4 ...
... of the financing the United States needs to sustain its deficits. The total increase of in dollar reserves reported by the BIS, not US data, provides the best indicator of total “official” support for the US.1 In 2003, the world’s central banks added $440 billion of dollar reserves and, but for a $4 ...
How Do Underwriters Value Initial Public Offerings?
... verifiable in the period following the IPO. Bhattacharya (1979) shows that only highquality firms can credibly use dividend pay-out to signal their quality to investors. In his theoretical model, dividends are an immediately costly and easily observable signal that low-quality firms are unable to im ...
... verifiable in the period following the IPO. Bhattacharya (1979) shows that only highquality firms can credibly use dividend pay-out to signal their quality to investors. In his theoretical model, dividends are an immediately costly and easily observable signal that low-quality firms are unable to im ...
Patent Collateral, Investor Commitment, and the Market for Venture
... measure we construct from patent sales data, we find that thicker trading in the secondary market for patent assets is associated with an increase in the annual likelihood that a startup will receive a loan (i.e., the annual debt rate). The estimates control for numerous time varying and permanent ...
... measure we construct from patent sales data, we find that thicker trading in the secondary market for patent assets is associated with an increase in the annual likelihood that a startup will receive a loan (i.e., the annual debt rate). The estimates control for numerous time varying and permanent ...
The State of Middle Market Financing in the US
... than anticipated sponsor-backed M&A deal flow. Brexit produced no more than a “hiccup”, surprising lenders as almost a non-event in the equity and loan markets, and transactions pushed through the U.S. presidential election business as usual. Recent statistics evidenced a slowdown in middle market p ...
... than anticipated sponsor-backed M&A deal flow. Brexit produced no more than a “hiccup”, surprising lenders as almost a non-event in the equity and loan markets, and transactions pushed through the U.S. presidential election business as usual. Recent statistics evidenced a slowdown in middle market p ...
FINANCIAL STATEMENTS AND NOTES TABLE OF CONTENTS
... Quarter 2012 Form 10-Q) with the U.S. Securities and Exchange Commission (SEC). In the First Quarter 2012 Form 10-Q, Citigroup presented updated business segment disclosures based on the previously announced transfer, effective January 1, 2012, of the substantial majority of its retail partner cards ...
... Quarter 2012 Form 10-Q) with the U.S. Securities and Exchange Commission (SEC). In the First Quarter 2012 Form 10-Q, Citigroup presented updated business segment disclosures based on the previously announced transfer, effective January 1, 2012, of the substantial majority of its retail partner cards ...
SCHULMAN A INC (Form: 8-K, Received: 04/27/2015 16:28:20)
... A number of the matters discussed in this Current Report on Form 8-K, including the documents incorporated by reference, that are not historical or current facts deal with potential future circumstances and developments and may constitute “forward-looking statements” within the meaning of the Privat ...
... A number of the matters discussed in this Current Report on Form 8-K, including the documents incorporated by reference, that are not historical or current facts deal with potential future circumstances and developments and may constitute “forward-looking statements” within the meaning of the Privat ...
Glossary of Foreign Direct Investment Terms and
... An institutional unit has a predominant centre of economic interest in an economic territory when there exists, within the economic territory, some location, dwelling, place of production, or other premises on which or from which the unit engages and intends to continue engaging, either indefinitely ...
... An institutional unit has a predominant centre of economic interest in an economic territory when there exists, within the economic territory, some location, dwelling, place of production, or other premises on which or from which the unit engages and intends to continue engaging, either indefinitely ...
Document
... Unlike other ratios, return on capital has a theoretical benchmark, the cost of capital also called the required return on capital. For example, the return on equity, ROE, could be compared with the required return on equity, kE, as estimated, for example, by the capital asset pricing model. If ROE ...
... Unlike other ratios, return on capital has a theoretical benchmark, the cost of capital also called the required return on capital. For example, the return on equity, ROE, could be compared with the required return on equity, kE, as estimated, for example, by the capital asset pricing model. If ROE ...
Success of the 2014-2016 Business Development Plan
... synergies. Forward-looking statements are not guarantees of future performance and are subject to inherent risks, uncertainties and assumptions about BNP Paribas and its subsidiaries and investments, developments of BNP Paribas and its subsidiaries, banking industry trends, future capital expenditur ...
... synergies. Forward-looking statements are not guarantees of future performance and are subject to inherent risks, uncertainties and assumptions about BNP Paribas and its subsidiaries and investments, developments of BNP Paribas and its subsidiaries, banking industry trends, future capital expenditur ...
1 - Eng_SOMMARIO BILANCIO
... amortization of intangible assets due to the allocation of the differences between PSC's purchase price and net equity (€1,226 thousand gross of taxes); ...
... amortization of intangible assets due to the allocation of the differences between PSC's purchase price and net equity (€1,226 thousand gross of taxes); ...
Personal Finance Knowlegde and Practice: An Opinion Survey with
... table clearly shows that Nepali citizens cannot stay without family members that might be the reason that no any respondents were found from both categories that didn't have family members. 3.2 Basic Money Management This section covers a number of aspects of basic money management including savi ...
... table clearly shows that Nepali citizens cannot stay without family members that might be the reason that no any respondents were found from both categories that didn't have family members. 3.2 Basic Money Management This section covers a number of aspects of basic money management including savi ...
Kingfisher Annual Report and Accounts 2006/07
... market share was broadly stable. B&Q gathered momentum during the year and delivered sales and profit growth in the second half. B&Q’s development programme is encouraging and the pace of activity is accelerating in 2007/08. I remain convinced that these initiatives will make B&Q more attractive to ...
... market share was broadly stable. B&Q gathered momentum during the year and delivered sales and profit growth in the second half. B&Q’s development programme is encouraging and the pace of activity is accelerating in 2007/08. I remain convinced that these initiatives will make B&Q more attractive to ...
Group-Based Financial Institutions for the Rural
... n the past two decades, nongovernmental organizations (NGOs) in Bangladesh have provided millions of poor rural people with savings and credit services at low cost. With these services, they have reduced poverty, improved food security and nutrition, and achieved positive social change as well. Thes ...
... n the past two decades, nongovernmental organizations (NGOs) in Bangladesh have provided millions of poor rural people with savings and credit services at low cost. With these services, they have reduced poverty, improved food security and nutrition, and achieved positive social change as well. Thes ...
Accounting in Action: CM2
... CM Corporation (CMC) was founded in 2000 by Eric Conner and Phil Martin. The company designs, installs, and services security systems for high-tech companies. The founders, who describe themselves as "entrepreneurial geeks," met in a computer lab when they were teenagers and found they had common in ...
... CM Corporation (CMC) was founded in 2000 by Eric Conner and Phil Martin. The company designs, installs, and services security systems for high-tech companies. The founders, who describe themselves as "entrepreneurial geeks," met in a computer lab when they were teenagers and found they had common in ...
Major World Events Impact on Stock Market Prices
... to the semi-strong form. Last, market participants that possess monopolistic access to vital information that has an impact on price refer to the strong form. However, a large and growing body of literature has challenged the market efficient hypothesis. For instance, within behavioural finance, sch ...
... to the semi-strong form. Last, market participants that possess monopolistic access to vital information that has an impact on price refer to the strong form. However, a large and growing body of literature has challenged the market efficient hypothesis. For instance, within behavioural finance, sch ...
IRAC 040413-RBI - College of Agricultural Banking
... An Asset becomes Non Performing when it ceases to generate income OVERDUE : due ...
... An Asset becomes Non Performing when it ceases to generate income OVERDUE : due ...
Social-economic Development Strategy of Georgia “GEORGIA 2020
... knowledge and transfer of technology - both key to boosting and diversifying exports and creating new jobs. However, neither saw increases on a scale that would have led to long-term economic growth. In particular, a significant proportion of investments were made in capitalintensive sectors, where ...
... knowledge and transfer of technology - both key to boosting and diversifying exports and creating new jobs. However, neither saw increases on a scale that would have led to long-term economic growth. In particular, a significant proportion of investments were made in capitalintensive sectors, where ...
Household debt: statistics and impact on economy
... fall, people might actually be spending less per month paying off their debt. 9 The reverse is also true, household debt might be falling but higher interest rates could mean people are paying more each month in servicing their debt. As well as the amount to repay, a critical factor in determining t ...
... fall, people might actually be spending less per month paying off their debt. 9 The reverse is also true, household debt might be falling but higher interest rates could mean people are paying more each month in servicing their debt. As well as the amount to repay, a critical factor in determining t ...
2006 Annual Report - Media Corporate IR Net
... Our efforts were recognized by investors, as our shares appreciated 16 percent during the year, exceeding the performance of the S&P 500 Index. Bank of America today is one of the largest companies in the world; we were the fifth most profitable company in 2006 with a net profit of more than $21 bil ...
... Our efforts were recognized by investors, as our shares appreciated 16 percent during the year, exceeding the performance of the S&P 500 Index. Bank of America today is one of the largest companies in the world; we were the fifth most profitable company in 2006 with a net profit of more than $21 bil ...
Constellium NV
... The difference between the sum of reported segment revenue and the Group revenues includes revenue from certain non-core activities, inter-segment eliminations, and the impact of a €20 million one-time payment related to the renegotiation of a customer agreement, which was recorded in the first quar ...
... The difference between the sum of reported segment revenue and the Group revenues includes revenue from certain non-core activities, inter-segment eliminations, and the impact of a €20 million one-time payment related to the renegotiation of a customer agreement, which was recorded in the first quar ...
FSB, Summary of Findings from the TLAC Impact Assessment Studies
... loss-absorbing capacity (TLAC) of global systemically important banks (G-SIBs) in resolution, including high-level principles and a more detailed Term Sheet. 1 The Term Sheet proposed that G-SIBs should be required to meet a minimum TLAC requirement set within the range of 16-20% of risk-weighted as ...
... loss-absorbing capacity (TLAC) of global systemically important banks (G-SIBs) in resolution, including high-level principles and a more detailed Term Sheet. 1 The Term Sheet proposed that G-SIBs should be required to meet a minimum TLAC requirement set within the range of 16-20% of risk-weighted as ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.