PORTUGAL - Observador
... concerns. It should also help to raise inflation over the forecast horizon. A sharply weaker euro and lower oil prices have improved the short-term outlook. In the medium term, growth is projected to moderate, as several remaining challenges, notably low investment, high leverage, and structural bot ...
... concerns. It should also help to raise inflation over the forecast horizon. A sharply weaker euro and lower oil prices have improved the short-term outlook. In the medium term, growth is projected to moderate, as several remaining challenges, notably low investment, high leverage, and structural bot ...
To lock or not to lock – An introduction to the Locked Box
... There are a number of key benefits to using a Locked Box mechanism, the most obvious being that it gives certainty of price for both Buyer and Seller at the time of signing the SPA, which explains why this mechanism is particularly favored by Private Equity and financial Sellers. It is also becoming ...
... There are a number of key benefits to using a Locked Box mechanism, the most obvious being that it gives certainty of price for both Buyer and Seller at the time of signing the SPA, which explains why this mechanism is particularly favored by Private Equity and financial Sellers. It is also becoming ...
Chapter 1: An Introduction to Corporate Finance
... • It depends which reinvestment assumption is more realistic • Most often, the NPV assumption of reinvestment at WACC is the most realistic because no rational manager would reinvest cash flows at rates lower than the firm’s cost of capital • If projects with high IRRs are rare, then reinvestment ma ...
... • It depends which reinvestment assumption is more realistic • Most often, the NPV assumption of reinvestment at WACC is the most realistic because no rational manager would reinvest cash flows at rates lower than the firm’s cost of capital • If projects with high IRRs are rare, then reinvestment ma ...
FREE Sample Here
... calculate the DSO, then move to a lower DSO which would require a reduction in receivables, and then determine the effects on ROE and EPS under different conditions. Similarly, we could have focused on fixed assets and the FA turnover ratio. In any of these cases, we could have had you use the funds ...
... calculate the DSO, then move to a lower DSO which would require a reduction in receivables, and then determine the effects on ROE and EPS under different conditions. Similarly, we could have focused on fixed assets and the FA turnover ratio. In any of these cases, we could have had you use the funds ...
Special Comment US Executive Pay Structure and Metrics
... undisciplined pay patterns may suggest senior management’s accountability to the board of directors is weak. In evaluating pay plans, we tend to comment favorably if they show: • A long-term orientation in pay structure and practice. • A clear connection between pay structure and company strategy. • ...
... undisciplined pay patterns may suggest senior management’s accountability to the board of directors is weak. In evaluating pay plans, we tend to comment favorably if they show: • A long-term orientation in pay structure and practice. • A clear connection between pay structure and company strategy. • ...
How Important is Technology Capital?
... technology capital can be also replicated abroad through foreign direct investment. The model thus offers a promising new mechanism through which (more or less open) economies interact. However, in order to develop sensible quantitative implications of the model, one needs to have estimates of two of ...
... technology capital can be also replicated abroad through foreign direct investment. The model thus offers a promising new mechanism through which (more or less open) economies interact. However, in order to develop sensible quantitative implications of the model, one needs to have estimates of two of ...
Templeton Global Balanced Fund Annual Report
... Performance data represent past performance, which does not guarantee future results. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to frank ...
... Performance data represent past performance, which does not guarantee future results. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to frank ...
= Best Long-Term Shareholder Value
... Company raised gross proceeds of €215 million through the issuance of 215 million ordinary shares (the “Capital Raise”), which, together with the €200 million raised in the initial offering in April 2014, brings the total gross proceeds raised to €415 million. During the year ended 31 December 2015, ...
... Company raised gross proceeds of €215 million through the issuance of 215 million ordinary shares (the “Capital Raise”), which, together with the €200 million raised in the initial offering in April 2014, brings the total gross proceeds raised to €415 million. During the year ended 31 December 2015, ...
December
... exchange rate adjustment, and global growth is expected to improve from 2.9 per cent in 2013 to 3.6 per cent in 2014. On the policy front, the government has initiated action in clearing projects especially in the infrastructure sector, which is expected to improve the overall investment climate. Th ...
... exchange rate adjustment, and global growth is expected to improve from 2.9 per cent in 2013 to 3.6 per cent in 2014. On the policy front, the government has initiated action in clearing projects especially in the infrastructure sector, which is expected to improve the overall investment climate. Th ...
In The Vanguard Core Edition Summer 2012
... it likely wouldn’t be as nerve-wracking or volatile as an equity bear market. page 6 ...
... it likely wouldn’t be as nerve-wracking or volatile as an equity bear market. page 6 ...
Alternative Finance Investment Bonds
... conventional bond in some instances. This may be due to the fact that sukuk holders only have recourse to the bond assets or some other structural feature which results in the risk profile being higher. In such instances it may be justifiable for the rate of return to be slightly higher than that of ...
... conventional bond in some instances. This may be due to the fact that sukuk holders only have recourse to the bond assets or some other structural feature which results in the risk profile being higher. In such instances it may be justifiable for the rate of return to be slightly higher than that of ...
Keeping BT ahead of the game
... References to a year are to the financial year ended 31 March of that year, eg ‘2008’ refers to the year ended 31 March 2008. Unless otherwise stated, all non-financial statistics are at 31 March 2008. Please see cautionary statement regarding forward-looking statements on page 154. A number of ...
... References to a year are to the financial year ended 31 March of that year, eg ‘2008’ refers to the year ended 31 March 2008. Unless otherwise stated, all non-financial statistics are at 31 March 2008. Please see cautionary statement regarding forward-looking statements on page 154. A number of ...
The CFO`s Dilemma
... ● Background in energy investment banking (international/domestic) ● Securities and valuation expert ● Former E&P operator and CFO ...
... ● Background in energy investment banking (international/domestic) ● Securities and valuation expert ● Former E&P operator and CFO ...
SM_Ch06
... of theft (jewelry or small consumer electronic gadgets), or because they are difficult to control (cash receipts in a charity). Inherent risk tends to be low in accounts that change little (share capital), are low volume (dividend payment) or calculated from other amounts (amortization). ...
... of theft (jewelry or small consumer electronic gadgets), or because they are difficult to control (cash receipts in a charity). Inherent risk tends to be low in accounts that change little (share capital), are low volume (dividend payment) or calculated from other amounts (amortization). ...
INFORMATION STATEMENT of BNP Paribas, a French incorporated
... Difficult market and economic conditions could have a material adverse effect on the operating environment for financial institutions and hence on the Bank’s financial condition, results of operations and cost of risk. As a global financial institution, the Bank’s businesses are highly sensitive to ...
... Difficult market and economic conditions could have a material adverse effect on the operating environment for financial institutions and hence on the Bank’s financial condition, results of operations and cost of risk. As a global financial institution, the Bank’s businesses are highly sensitive to ...
Phil Cosson Senior Municipal Advisor
... – Second, the debt policies transmit the message to investors and rating agencies that the municipality is committed to sound financial management; and – Third, debt policies can provide consistency and continuity to public policy development for staff and elected officials. ...
... – Second, the debt policies transmit the message to investors and rating agencies that the municipality is committed to sound financial management; and – Third, debt policies can provide consistency and continuity to public policy development for staff and elected officials. ...
The volatility of banks in the financial crisis
... During a boom of the economy, there is positivity in the market and therefore there exists less risk. Consequently it can be concluded that during booms high financial leverage has a minor influence on the volatility of stocks. During crises, financial leverage shows the riskiness of companies and h ...
... During a boom of the economy, there is positivity in the market and therefore there exists less risk. Consequently it can be concluded that during booms high financial leverage has a minor influence on the volatility of stocks. During crises, financial leverage shows the riskiness of companies and h ...
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.