UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... price shall be the average price during the 12-month period before the ending date of the period covered by the report, determined as an unweighted arithmetic average of the first-day-of-the-month price for each month within such period, unless prices are defined by contractual arrangements, excludi ...
... price shall be the average price during the 12-month period before the ending date of the period covered by the report, determined as an unweighted arithmetic average of the first-day-of-the-month price for each month within such period, unless prices are defined by contractual arrangements, excludi ...
FRBSF L CONOMIC
... of reproducing movements in the saving rate that have occurred over the past 10 years, when lending industry changes have been particularly dramatic. Conclusion In the years leading up to the financial crisis of 2008–2009, a combination of factors including low interest rates, lax lending standards, ...
... of reproducing movements in the saving rate that have occurred over the past 10 years, when lending industry changes have been particularly dramatic. Conclusion In the years leading up to the financial crisis of 2008–2009, a combination of factors including low interest rates, lax lending standards, ...
Monetary Stimulus DA – Kentucky 2012
... any further. That was the most important step, because it convinced financial markets that the United States wouldn’t turn into Japan, which they were worried about. The element of minor importance was that it lowered long-term bond rates a little bit. It takes a lot of purchases to move these inte ...
... any further. That was the most important step, because it convinced financial markets that the United States wouldn’t turn into Japan, which they were worried about. The element of minor importance was that it lowered long-term bond rates a little bit. It takes a lot of purchases to move these inte ...
united states securities and exchange commission
... forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: the risk that BCD’s business will not be integrated successfully into the Company’s; the risk that the expected benefits of the acquisition may not be realized; the risk t ...
... forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: the risk that BCD’s business will not be integrated successfully into the Company’s; the risk that the expected benefits of the acquisition may not be realized; the risk t ...
INF2570 AR10 cover AW05.indd
... quality, proprietary business-to-business knowledge through some of the longest-standing brands in the world of publishing, conferences, exhibitions and training. Although we are a relatively young Company, our bloodline dates back to 1734 when the first issue of the maritime publication Lloyd’s Lis ...
... quality, proprietary business-to-business knowledge through some of the longest-standing brands in the world of publishing, conferences, exhibitions and training. Although we are a relatively young Company, our bloodline dates back to 1734 when the first issue of the maritime publication Lloyd’s Lis ...
The crisis in the Eurozone: the current situation and perspectives
... The ideas for sovereign debt structurising came from the corporate context. An explicit seniority partly as a result of contract enforcement issues, sovereign liability structures both in less advanced countries and in advanced economies are not as rich as those of the corporations. A notable differ ...
... The ideas for sovereign debt structurising came from the corporate context. An explicit seniority partly as a result of contract enforcement issues, sovereign liability structures both in less advanced countries and in advanced economies are not as rich as those of the corporations. A notable differ ...
recent banking sector reforms in japan : an assessment
... The third group of ordinary banks, the Second Association Regional Banks, are also distinguished by the strength of their regional ties and the degree of geographical concentration of their business activities. The main difference with the regional banks lies in their reduced scale of activities and ...
... The third group of ordinary banks, the Second Association Regional Banks, are also distinguished by the strength of their regional ties and the degree of geographical concentration of their business activities. The main difference with the regional banks lies in their reduced scale of activities and ...
presentation
... principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of existing prudential regulations. These forward-looking statements have also been developed from scenarios based on a number of economic assumpt ...
... principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of existing prudential regulations. These forward-looking statements have also been developed from scenarios based on a number of economic assumpt ...
Chapter 2
... should be the present value of its expected future cash flows. Example : What is the most that an investor would pay for a zero coupon bond which matures in 4 years' time, and has a redemption value of $1,000? The interest rate is 9.19% . ...
... should be the present value of its expected future cash flows. Example : What is the most that an investor would pay for a zero coupon bond which matures in 4 years' time, and has a redemption value of $1,000? The interest rate is 9.19% . ...
DOC - Investor Relations
... equity. The amendments in this ASU do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income. This ASU requires retrospective application, and it is effective for fiscal years, and interim periods with ...
... equity. The amendments in this ASU do not change the items that must be reported in other comprehensive income or when an item of other comprehensive income must be reclassified to net income. This ASU requires retrospective application, and it is effective for fiscal years, and interim periods with ...
Investment Analysis (FIN 670)
... 38. Jones Group has been generating stable after-tax return on equity (ROE) despite declining operating income. Explain how it might be able to maintain its stable after-tax ROE. ...
... 38. Jones Group has been generating stable after-tax return on equity (ROE) despite declining operating income. Explain how it might be able to maintain its stable after-tax ROE. ...
Valuation: Part I Discounted Cash Flow Valuation
... Manufacturing facilities: Other things remaining equal, a firm that has all of its production facilities in Brazil should be more exposed to country risk than one which has production facilities spread over multiple countries. The problem will be accented for companies that cannot move their product ...
... Manufacturing facilities: Other things remaining equal, a firm that has all of its production facilities in Brazil should be more exposed to country risk than one which has production facilities spread over multiple countries. The problem will be accented for companies that cannot move their product ...
Trade Size and the Cross Section of Stock Returns
... higher for sales than for buys. The finding seems to suggest that large traders may not have trading advantage over small traders in the short term. Asthana et al. (2004) show that small traders do trade correctly on and benefit (more than large traders) from annual report filings on EDGAR. However, ...
... higher for sales than for buys. The finding seems to suggest that large traders may not have trading advantage over small traders in the short term. Asthana et al. (2004) show that small traders do trade correctly on and benefit (more than large traders) from annual report filings on EDGAR. However, ...
Download attachment
... seem to a casual observer to be identical to a regular lease. Recognizing the differences requires alertness to some of the legal requirements that may seem subtle to the casual observer. I hope that this primer will wet the readers’ appetites to educate themselves regarding those important Legal fina ...
... seem to a casual observer to be identical to a regular lease. Recognizing the differences requires alertness to some of the legal requirements that may seem subtle to the casual observer. I hope that this primer will wet the readers’ appetites to educate themselves regarding those important Legal fina ...
print to PDF - Willis Owen
... fund which is coming to its 2nd anniversary has maintained a “buy and hold” strategy, investing into companies that produce high dividend yield – his biggest holding is in Imperial Brands which has a historic yield of 3.86%. Some fund managers such as Standard Life UK Equity Income Unconstrained foc ...
... fund which is coming to its 2nd anniversary has maintained a “buy and hold” strategy, investing into companies that produce high dividend yield – his biggest holding is in Imperial Brands which has a historic yield of 3.86%. Some fund managers such as Standard Life UK Equity Income Unconstrained foc ...
The Effects of Bank Market Power in Short-Term and Long
... likelihood of bank branches providing bank credit. This result confirms that the nonmonotonic effect of market concentration is robust to controlling for the presence of local credit markets for banks with multiple contacts. Presbitero and Zazzaro (2011) extend their analysis by suggesting that thi ...
... likelihood of bank branches providing bank credit. This result confirms that the nonmonotonic effect of market concentration is robust to controlling for the presence of local credit markets for banks with multiple contacts. Presbitero and Zazzaro (2011) extend their analysis by suggesting that thi ...
Chapter 4 "Foreign Exchange Markets and Rates of Return"
... Exchange, where daily trades of stock are conducted in a central location. Instead, the Forex refers to the activities of major international banks that engage in currency trading. These banks act as intermediaries between the true buyers and sellers of currencies (i.e., governments, businesses, and ...
... Exchange, where daily trades of stock are conducted in a central location. Instead, the Forex refers to the activities of major international banks that engage in currency trading. These banks act as intermediaries between the true buyers and sellers of currencies (i.e., governments, businesses, and ...
Margin-based Asset Pricing and Deviations from the Law of One Price
... of the securities (Brunnermeier and Pedersen 2009) and because of various institutional frictions. For instance, corporate bonds have low market liquidity in over-the-counter search markets (Duffie, Gârleanu, and Pedersen 2005, 2007; Vayanos and Weill 2008), and this makes them less attractive as c ...
... of the securities (Brunnermeier and Pedersen 2009) and because of various institutional frictions. For instance, corporate bonds have low market liquidity in over-the-counter search markets (Duffie, Gârleanu, and Pedersen 2005, 2007; Vayanos and Weill 2008), and this makes them less attractive as c ...
Research on the Financing System of Small and Medium-Sized Enterprise
... affect the financing costs of enterprises. One of the most important conditions is the integrated deposit level, which should reach the relevant standard. In addition, the local commercial banks take the points system for SMEs, including credit cards, credit conditions and loan period, etc. Accordin ...
... affect the financing costs of enterprises. One of the most important conditions is the integrated deposit level, which should reach the relevant standard. In addition, the local commercial banks take the points system for SMEs, including credit cards, credit conditions and loan period, etc. Accordin ...
Capital Mobility in a Dynamic Structuralist CGE Frank Collazo University of Vermont
... overview of an economy and shows the interactions among the agents at a particular point in time. The rows represent the income received from the different agents, while the column represent the expenditures. The Chilean SAM has two goods, represented by i, and two sectors, identified by j, which are ...
... overview of an economy and shows the interactions among the agents at a particular point in time. The rows represent the income received from the different agents, while the column represent the expenditures. The Chilean SAM has two goods, represented by i, and two sectors, identified by j, which are ...
document - The Cambridge Risk Framework
... catastrophes. A large economic or financial catastrophe seldom affects just one part of the system. The historical record shows that multiple market catastrophes tend to occur at the same time and impacts cascade from one crisis to the next. The recent Great Financial Crisis (GFC) is one example of ...
... catastrophes. A large economic or financial catastrophe seldom affects just one part of the system. The historical record shows that multiple market catastrophes tend to occur at the same time and impacts cascade from one crisis to the next. The recent Great Financial Crisis (GFC) is one example of ...
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.