Accelerating Emerging Capital Markets Development Corporate Bond
... Capital markets are rarely the first or only source of financing that companies use to fund their operations and growth. In fact, many companies may never require any form of capital-markets financing. Capital markets do, however, play an important role in meeting the funding and risk-management nee ...
... Capital markets are rarely the first or only source of financing that companies use to fund their operations and growth. In fact, many companies may never require any form of capital-markets financing. Capital markets do, however, play an important role in meeting the funding and risk-management nee ...
DOC - Investor Relations
... to help CIOs, senior IT executives and other business executives become more effective in their enterprises. An EP membership leverages the knowledge and expertise of Gartner in ways that are specific to the CIO’s needs and offers role-based offerings and member-only communities for peer-based colla ...
... to help CIOs, senior IT executives and other business executives become more effective in their enterprises. An EP membership leverages the knowledge and expertise of Gartner in ways that are specific to the CIO’s needs and offers role-based offerings and member-only communities for peer-based colla ...
Innovative Financial Mechanisms for Urban Heritage
... insurance risks across a number of small investments through the use of portfolio investments. An example is given by the private equity fund known as the GINKGO fund, which is dedicated to acquiring a portfolio of natural brownfield projects in France and Belgium. The French fund has been signed by ...
... insurance risks across a number of small investments through the use of portfolio investments. An example is given by the private equity fund known as the GINKGO fund, which is dedicated to acquiring a portfolio of natural brownfield projects in France and Belgium. The French fund has been signed by ...
Convertible Bonds Primer
... Conditional Income – Investors should be wary of conditional income stipulations. Under these terms, the issuer will pay dividends or coupons only on the condition that cash is available to fund them. Although rare, investors should be mindful of their rights in the case of default. Convertibility ...
... Conditional Income – Investors should be wary of conditional income stipulations. Under these terms, the issuer will pay dividends or coupons only on the condition that cash is available to fund them. Although rare, investors should be mindful of their rights in the case of default. Convertibility ...
chapter 2 estimating discount rates
... investment in a diversified portfolio is a much smaller percentage of that portfolio than would be the case if you were not diversified. Thus, any action that increases or decreases the value of only that investment or a small group of investments will have only a small impact on your overall portfo ...
... investment in a diversified portfolio is a much smaller percentage of that portfolio than would be the case if you were not diversified. Thus, any action that increases or decreases the value of only that investment or a small group of investments will have only a small impact on your overall portfo ...
chapter 7—long-term debt
... b. This firm has had a rise in the debt, debt/equity, and debt to tangible net worth ratios. The debt to tangible net worth is especially high due to the high amount of excess of cost over fair market value of net assets. The times interest earned figure dropped from a negative 6.51 times in 2009 to ...
... b. This firm has had a rise in the debt, debt/equity, and debt to tangible net worth ratios. The debt to tangible net worth is especially high due to the high amount of excess of cost over fair market value of net assets. The times interest earned figure dropped from a negative 6.51 times in 2009 to ...
expected returns
... markets focused more on what the consequences would be for markets like US high yield. Spreads widened, investors started to withdraw funds, leading to temporary liquidity concerns. It also raised the question of whether this a was a one-off event, resulting from developments in the US shale sector, ...
... markets focused more on what the consequences would be for markets like US high yield. Spreads widened, investors started to withdraw funds, leading to temporary liquidity concerns. It also raised the question of whether this a was a one-off event, resulting from developments in the US shale sector, ...
Supporting Paper A2 A review of economic developments and monetary policy
... flow of information at the relevant times. We look at the interest rate experience over the period, and how the OCR decisions influenced wholesale and retail market interest rates. The major factors influencing the exchange rate over the period are discussed. We then look at the sectoral composition ...
... flow of information at the relevant times. We look at the interest rate experience over the period, and how the OCR decisions influenced wholesale and retail market interest rates. The major factors influencing the exchange rate over the period are discussed. We then look at the sectoral composition ...
Temi di Discussione
... questionnaire used by the Italian Institute of Statistics. A specific contribution of this paper to the analysis of the probability of delinquency is that we focus on the percentage of households with mortgages who are late in making payments, while other studies tend to emphasize the frequency of d ...
... questionnaire used by the Italian Institute of Statistics. A specific contribution of this paper to the analysis of the probability of delinquency is that we focus on the percentage of households with mortgages who are late in making payments, while other studies tend to emphasize the frequency of d ...
Download (PDF)
... Financial Regulation” at the European University Institute, for comments and suggestions. The views expressed in this paper are those of the authors and do not necessarily represent the views of the International Monetary Fund. ...
... Financial Regulation” at the European University Institute, for comments and suggestions. The views expressed in this paper are those of the authors and do not necessarily represent the views of the International Monetary Fund. ...
The Effect of a Rise in Interest Rates on Hotel Capitalization Rates
... upswing in interest rates factors into the timing of many hotel acquisition and disposition decisions. The Federal Reserve has remained coy regarding interest rate increases, and a debate continues as to how much a Federal Reserve policy change directly affecting the short end of the yield curve wil ...
... upswing in interest rates factors into the timing of many hotel acquisition and disposition decisions. The Federal Reserve has remained coy regarding interest rate increases, and a debate continues as to how much a Federal Reserve policy change directly affecting the short end of the yield curve wil ...
Maximizing shareholder value: a new ideology for corporate
... enable them to dispense with shop- oor skills so that ‘hourly’ production workers could not exercise control over the conditions of work and pay. US companies also tended to favour suppliers and distributors who would provide goods and services at the lowest price today, even if it meant that they ...
... enable them to dispense with shop- oor skills so that ‘hourly’ production workers could not exercise control over the conditions of work and pay. US companies also tended to favour suppliers and distributors who would provide goods and services at the lowest price today, even if it meant that they ...
Article III, Section 49-k of the Texas Constitution created the Texas
... to maintain control over resources that have been segregated for specific activities or objectives. The Department, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The activities related to the Mobility Fund a ...
... to maintain control over resources that have been segregated for specific activities or objectives. The Department, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The activities related to the Mobility Fund a ...
Endogenous risk in a DSGE model with capital-constrained …nancial intermediaries Hans Dewachter
... factor of the marginal investor. Typically, only …nancial intermediaries are assumed to invest directly in capital or in …rm assets and therefore, these institutions are key to risk pricing. Models with heterogenous agents and limited capital market participation have been able to generate substanti ...
... factor of the marginal investor. Typically, only …nancial intermediaries are assumed to invest directly in capital or in …rm assets and therefore, these institutions are key to risk pricing. Models with heterogenous agents and limited capital market participation have been able to generate substanti ...
3 Generic-Culpepper-Economy - ddi09
... Links – Deficit Spending .................................................................................................................................. 38 Links – Paygo ............................................................................................................................... ...
... Links – Deficit Spending .................................................................................................................................. 38 Links – Paygo ............................................................................................................................... ...
Conducting Monetary Policy in Turbulent Times
... advanced countries adopted QE along with fiscal stimulus to contain the economic downturn and strengthen confidence in financial markets. These policies have, together with conventional interest rate policies and fiscal and financial market policies of governments yielded results by way of stabiliz ...
... advanced countries adopted QE along with fiscal stimulus to contain the economic downturn and strengthen confidence in financial markets. These policies have, together with conventional interest rate policies and fiscal and financial market policies of governments yielded results by way of stabiliz ...
CHAPTER SIXTEEN
... If the future earnings that are forecasted are of low quality, valuations also will be low quality. Forecasted earnings and residual earnings are of good quality if they capture the value generated by a business. As earnings are determined by accounting rules, forecast quality is a matter of account ...
... If the future earnings that are forecasted are of low quality, valuations also will be low quality. Forecasted earnings and residual earnings are of good quality if they capture the value generated by a business. As earnings are determined by accounting rules, forecast quality is a matter of account ...
WP 213 DEVELOPMENT OF A FINANCIAL HEALTH INDICATOR
... - balance sheet total of €50,000 or more; - 12-month financial year; - legal form: public limited company, private limited company or cooperative society; - conditions regarding content: current assets, total debts and short-term debts larger than zero. The condition relating to the balance sheet to ...
... - balance sheet total of €50,000 or more; - 12-month financial year; - legal form: public limited company, private limited company or cooperative society; - conditions regarding content: current assets, total debts and short-term debts larger than zero. The condition relating to the balance sheet to ...
The impact of the Credit Crunch on the Sterling Corporate Bond
... The thrust of regulation and development strategies in recent years has been towards evidence-based, rather than anecdote-based policy. The absence of data relating to the Sterling corporate bond market means that regulatory and other development initiatives cannot be based on empirical evidence sin ...
... The thrust of regulation and development strategies in recent years has been towards evidence-based, rather than anecdote-based policy. The absence of data relating to the Sterling corporate bond market means that regulatory and other development initiatives cannot be based on empirical evidence sin ...
Public-Private Partnership Stories - International Finance Corporation
... phone services provided by Safaricom (73 percent of the market) and Celtel (27 percent). TKL only participated in this market indirectly, through a 60 percent stake in Safaricom. In addition, while voice accounted for more than 90 percent of mobile phone operators’ revenues and 82 percent of TKL’s, ...
... phone services provided by Safaricom (73 percent of the market) and Celtel (27 percent). TKL only participated in this market indirectly, through a 60 percent stake in Safaricom. In addition, while voice accounted for more than 90 percent of mobile phone operators’ revenues and 82 percent of TKL’s, ...
Monetary policy and asset prices
... though these assets may differ in various properties, like liquidity or rate of return, and they may appear not even to be designed for transaction purposes, different assets in a portfolio maybe related in several ways. Lucas (1990) already points out possible interactions between liquidity and int ...
... though these assets may differ in various properties, like liquidity or rate of return, and they may appear not even to be designed for transaction purposes, different assets in a portfolio maybe related in several ways. Lucas (1990) already points out possible interactions between liquidity and int ...
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.