Accounting Theory and Policy Making
... put into practice at the organizational level. Hence, the output of the policy level is implemented at the accounting practice level. Of course we have now entered an era when failures of large publicly traded companies (e.g., Enron, WorldCom) are going to have a significant impact on financial acco ...
... put into practice at the organizational level. Hence, the output of the policy level is implemented at the accounting practice level. Of course we have now entered an era when failures of large publicly traded companies (e.g., Enron, WorldCom) are going to have a significant impact on financial acco ...
direct investment enterprise
... an individual; a group of related individuals; an incorporated or unincorporated enterprise; a public or private enterprise; a group of related enterprises; a government; an estate, trust or other societal organisation; or any combination thereof. In the case where two enterprises each own 10% or mo ...
... an individual; a group of related individuals; an incorporated or unincorporated enterprise; a public or private enterprise; a group of related enterprises; a government; an estate, trust or other societal organisation; or any combination thereof. In the case where two enterprises each own 10% or mo ...
NBER WORKING PAPER SERIES INTERNATIONAL RESERVES MANAGEMENT AND THE CURRENT ACCOUNT
... comforting factors relative to external assets and liabilities in the context of a rational balance sheet approach.” ...
... comforting factors relative to external assets and liabilities in the context of a rational balance sheet approach.” ...
What Matters for Emerging Market Investments
... ratings have appeared in the March and September issues of Institutional Investor since 1979, and now cover over 135 countries. For additional details see Erb, Harvey, and Viskanta (1996a]. Whenever a survey or expert panel is used to rate creditworthiness, it is hard to exactly define the parameter ...
... ratings have appeared in the March and September issues of Institutional Investor since 1979, and now cover over 135 countries. For additional details see Erb, Harvey, and Viskanta (1996a]. Whenever a survey or expert panel is used to rate creditworthiness, it is hard to exactly define the parameter ...
annual report - Anfaal Capital
... On behalf of the Board of Directors, I hereby share with you the Annual Report and Audited Financial Statement of Anfaal Capital (“Anfaal” or “the Company”) for the year ended 31 December 2015. The year 2015 witnessed the fall of the crude oil price from around 100 USD/bbl in 2014 to as low as 30 US ...
... On behalf of the Board of Directors, I hereby share with you the Annual Report and Audited Financial Statement of Anfaal Capital (“Anfaal” or “the Company”) for the year ended 31 December 2015. The year 2015 witnessed the fall of the crude oil price from around 100 USD/bbl in 2014 to as low as 30 US ...
Essentials of Managerial Finance
... notes or bonds to finance federal government expenditures – Note maturities are usually less than 10 years – Bonds maturities are 10 years or more – An active secondary market exists – The 30-year bond was discontinued in October 2001 ...
... notes or bonds to finance federal government expenditures – Note maturities are usually less than 10 years – Bonds maturities are 10 years or more – An active secondary market exists – The 30-year bond was discontinued in October 2001 ...
document
... emphasis on the housing market, comments on most NZ data releases in the preceding week, and discussion on ups and downs in interest rate and exchange rate markets though with decreasing emphasis on these areas over time. It derived in 1998, like essentially all other economics newsletters out there ...
... emphasis on the housing market, comments on most NZ data releases in the preceding week, and discussion on ups and downs in interest rate and exchange rate markets though with decreasing emphasis on these areas over time. It derived in 1998, like essentially all other economics newsletters out there ...
Speech by Jon Cunliffe at the Greater Birmingham Chamber of
... external funds for investment. Of the firms in the survey that said they had invested too little, most cited other financial and non-financial obstacles as well. The most important of these was constraints on using internal rather than external funds – ie using profits – for investment rather than f ...
... external funds for investment. Of the firms in the survey that said they had invested too little, most cited other financial and non-financial obstacles as well. The most important of these was constraints on using internal rather than external funds – ie using profits – for investment rather than f ...
Multiple Choice
... The static spread is: the difference between the yield on a zero coupon bond and the yield on a coupon bond. the difference between a fixed-rate yield and a floating-rate yield. the difference between the yield on new Treasury bills versus new Treasury bonds. the difference between expected inflatio ...
... The static spread is: the difference between the yield on a zero coupon bond and the yield on a coupon bond. the difference between a fixed-rate yield and a floating-rate yield. the difference between the yield on new Treasury bills versus new Treasury bonds. the difference between expected inflatio ...
The Capital Structure Puzzle
... risk or in other variables affecting optimal capital structure. But then MM's Proposition I cannot be tested unless the effects of risk and other variables on firm value can be adjusted for. By now we have learned from experience how hard it is to hold "otherthings constant" in cross-sectional regre ...
... risk or in other variables affecting optimal capital structure. But then MM's Proposition I cannot be tested unless the effects of risk and other variables on firm value can be adjusted for. By now we have learned from experience how hard it is to hold "otherthings constant" in cross-sectional regre ...
The Trade Deficit: The Biggest Obstacle to Full Employment
... The economy went into a recession in 1990, and weakness caused the trade deficit to fall to less than 1.0 percent of GDP in the years 1992-93. However, even when the economy had recovered in the middle of the decade, the deficit remained modest; in 1997 it was less than 1.2 percent of GDP, essential ...
... The economy went into a recession in 1990, and weakness caused the trade deficit to fall to less than 1.0 percent of GDP in the years 1992-93. However, even when the economy had recovered in the middle of the decade, the deficit remained modest; in 1997 it was less than 1.2 percent of GDP, essential ...
Financial Liberalization, Allocative Efficiency and Growth
... N-sector can only attain little leverage and the investment share is socially too low. A central planner would increase the input sector investment share to reduce the sectorial misallocation that results in low and socially inefficient aggregate growth. Financial liberalization allows the input se ...
... N-sector can only attain little leverage and the investment share is socially too low. A central planner would increase the input sector investment share to reduce the sectorial misallocation that results in low and socially inefficient aggregate growth. Financial liberalization allows the input se ...
PDF
... Over time, the recipients of transfer payments are likely to consume more goods, including leisure, and increase savings. However, whether these individual decisions affect resource allocation and supply at the market level depends on the behavior of those that are taxed to provide the transfer. The ...
... Over time, the recipients of transfer payments are likely to consume more goods, including leisure, and increase savings. However, whether these individual decisions affect resource allocation and supply at the market level depends on the behavior of those that are taxed to provide the transfer. The ...
Resolving Large Financial Intermediaries: Banks Versus
... changes on borrower prepayment behavior.7 So, in the case of rising interest rates, the interest rate risk associated with mortgages results in both a capital loss on the fixed-rate debt instrument and a lengthening of the expected maturity of the instruments because of decelerated mortgage repaymen ...
... changes on borrower prepayment behavior.7 So, in the case of rising interest rates, the interest rate risk associated with mortgages results in both a capital loss on the fixed-rate debt instrument and a lengthening of the expected maturity of the instruments because of decelerated mortgage repaymen ...
PPT - OptiRisk Systems
... understanding how conditions now are different than they usually are A broad set of information other than stock characteristics and past returns are clearly useful in improving risk estimates Among the most useful sets of conditioning information appears to be summaries of textual news flows to ...
... understanding how conditions now are different than they usually are A broad set of information other than stock characteristics and past returns are clearly useful in improving risk estimates Among the most useful sets of conditioning information appears to be summaries of textual news flows to ...
Interest Tax Shield Benefit
... • More general evidence also indicates that the more profitable a firm is, the less debt it tends to have, which is exactly opposite what the tradeoff theory suggests we should see. • This evidence is consistent with the pecking order theory. • The pecking order theory is also supported by the fact ...
... • More general evidence also indicates that the more profitable a firm is, the less debt it tends to have, which is exactly opposite what the tradeoff theory suggests we should see. • This evidence is consistent with the pecking order theory. • The pecking order theory is also supported by the fact ...
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.