Hedge Funds and Governance Targets
... intervention, the demands made, and the tactics employed. As to outcome, however, the case is an outlier; Mylan’s payout is unusual both for its magnitude and the borrowing that financed it. Large payouts have been made by a minority of the firms surveyed, with borrowing as the mode of finance in on ...
... intervention, the demands made, and the tactics employed. As to outcome, however, the case is an outlier; Mylan’s payout is unusual both for its magnitude and the borrowing that financed it. Large payouts have been made by a minority of the firms surveyed, with borrowing as the mode of finance in on ...
The Hazard Rates of First and Second Default
... Our results indicate that financial motivation factors are paramount in determining the hazard of first default. The positive PREPAY coefficient indicates that the hazard of default is higher when the market interest rate is greater than the contract rate, indicating negative call-option value. The ...
... Our results indicate that financial motivation factors are paramount in determining the hazard of first default. The positive PREPAY coefficient indicates that the hazard of default is higher when the market interest rate is greater than the contract rate, indicating negative call-option value. The ...
The role of inflation-linked bonds Increasing, but still modest
... government and that are held by risk-averse investors. The model offers two reasons why a government may find it unattractive to use inflation-linked bonds to finance its public debt. The most important one is liquidity risk. Because of liquidity risk, investors may be unwilling to step into ILBs. I ...
... government and that are held by risk-averse investors. The model offers two reasons why a government may find it unattractive to use inflation-linked bonds to finance its public debt. The most important one is liquidity risk. Because of liquidity risk, investors may be unwilling to step into ILBs. I ...
VAULT FINANCE INTERVIEWS PRACTICE GUIDE
... with the U.S. top five to form the so-called “Global Bulge Bracket.” (Outside of the U.S., Deutsche Bank, J.P. Morgan and UBS frequently outrank Goldman in the league tables, for example.) If you are at a bulge bracket firm, you believe that only the very largest and niche firms will survive over th ...
... with the U.S. top five to form the so-called “Global Bulge Bracket.” (Outside of the U.S., Deutsche Bank, J.P. Morgan and UBS frequently outrank Goldman in the league tables, for example.) If you are at a bulge bracket firm, you believe that only the very largest and niche firms will survive over th ...
Chapter 018 Dividends and Dividend Policy
... 39. A stock repurchase program: a. requires all shareholders to sell a portion of their shares. b. is utilized only by firms that do not pay dividends. c. decreases both the number of shares outstanding and the market price per share. d. has no effect on a firm's financial statements. e. is essentia ...
... 39. A stock repurchase program: a. requires all shareholders to sell a portion of their shares. b. is utilized only by firms that do not pay dividends. c. decreases both the number of shares outstanding and the market price per share. d. has no effect on a firm's financial statements. e. is essentia ...
Frequently Asked Questions about Exchange
... Although investors can invest in structured notes linked ...
... Although investors can invest in structured notes linked ...
BERMUDA MONETARY AUTHORITY
... whereby material deficiencies are reported on a timely basis and suitable actions taken; and is administered by key persons who are fit and proper12”. ...
... whereby material deficiencies are reported on a timely basis and suitable actions taken; and is administered by key persons who are fit and proper12”. ...
Form S-2 - Lionsgate
... MPAA, between 1999 and 2002, box office receipts for independent films have grown at a compound annual rate of 8.7% to approximately $2.4 billion, representing 25% of total box office receipts. Home Video. In its July 2002 Communications Industry Forecast, Veronis Suhler Stevenson, or VSS, a media m ...
... MPAA, between 1999 and 2002, box office receipts for independent films have grown at a compound annual rate of 8.7% to approximately $2.4 billion, representing 25% of total box office receipts. Home Video. In its July 2002 Communications Industry Forecast, Veronis Suhler Stevenson, or VSS, a media m ...
Black Knight Financial Services, Inc. (Form: 10-K
... Class A common stock, the Up-C structure also provides the owners of BKFS LLC potential liquidity that holders of privately held limited liability companies are not typically afforded. The owners of BKFS LLC also have voting rights in Black Knight equal to those of holders of our Class A common stoc ...
... Class A common stock, the Up-C structure also provides the owners of BKFS LLC potential liquidity that holders of privately held limited liability companies are not typically afforded. The owners of BKFS LLC also have voting rights in Black Knight equal to those of holders of our Class A common stoc ...
INTERCONNECTED TO ADD VALUE
... Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months No (or for such s ...
... Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months No (or for such s ...
Hrvatski Telekom Results for the first six months ended 30 June 2016
... Hrvatski Telekom (Reuters: HT.ZA; Bloomberg: HTRA CZ), Croatia’s leading telecommunications services provider, announces its unaudited consolidated results for the six months ended 30 June ...
... Hrvatski Telekom (Reuters: HT.ZA; Bloomberg: HTRA CZ), Croatia’s leading telecommunications services provider, announces its unaudited consolidated results for the six months ended 30 June ...
Case Studies of Medicare+Choice in Sixteen Selected Market Areas
... give Medicare beneficiaries a wider set of health plan choices. Regulatory changes under the program included expanded eligibility requirements for managed care organizations (MCOs) contracting with Medicare, a new method for determining capitated payments, and various new administrative, marketing, ...
... give Medicare beneficiaries a wider set of health plan choices. Regulatory changes under the program included expanded eligibility requirements for managed care organizations (MCOs) contracting with Medicare, a new method for determining capitated payments, and various new administrative, marketing, ...
The Stock Trader
... almost an hour to get here. But whenever a great trader invites me to watch them trade, I feel compelled to take full advantage of such a golden opportunity. Little did I know how extraordinary this experience would turn out to be. For his second Book, a follow-up to his instant classic, Stock Tradi ...
... almost an hour to get here. But whenever a great trader invites me to watch them trade, I feel compelled to take full advantage of such a golden opportunity. Little did I know how extraordinary this experience would turn out to be. For his second Book, a follow-up to his instant classic, Stock Tradi ...
Challenges in advanced management accounting
... and at the end of the exchange there is very little likelihood that they will do business with each other again. A one-off purchase from a mobile snack bar at the annual fun fair could be an example. The two parties do not need to trust each other as they immediately see what each side is getting in ...
... and at the end of the exchange there is very little likelihood that they will do business with each other again. A one-off purchase from a mobile snack bar at the annual fun fair could be an example. The two parties do not need to trust each other as they immediately see what each side is getting in ...
building the case for social investment in credit unions
... unions to achieve a better capital adequacy position, and a better level of surplus generation year on year. The number of retail deposit holders in a bank is not the driver of its reserve requirements, and so it is not clear why the number of members is a driver for a credit union. If these adjustm ...
... unions to achieve a better capital adequacy position, and a better level of surplus generation year on year. The number of retail deposit holders in a bank is not the driver of its reserve requirements, and so it is not clear why the number of members is a driver for a credit union. If these adjustm ...
Reservation bid and ask prices for options and covered
... Australia and London (see Bartram & Fehle (2006)).3 Key features which distinguish covered warrants from exchange-traded options include the fact that they cannot be held short by the retail investors to whom they are generally issued. Thus issuers have a net short position at all times. Furthermore ...
... Australia and London (see Bartram & Fehle (2006)).3 Key features which distinguish covered warrants from exchange-traded options include the fact that they cannot be held short by the retail investors to whom they are generally issued. Thus issuers have a net short position at all times. Furthermore ...
4E: Financial Instruments: Accounting for Financial Instruments
... impaired assets (similar to a SFAS 114 notion). Most believed that the boards would have to refine this definition, but many did not support a ‘bright line’ in determining ’bad book’ classification. For example, an entity may contact a customer about missed payments but that does not necessarily mea ...
... impaired assets (similar to a SFAS 114 notion). Most believed that the boards would have to refine this definition, but many did not support a ‘bright line’ in determining ’bad book’ classification. For example, an entity may contact a customer about missed payments but that does not necessarily mea ...
Word - corporate
... In November 2015, the FASB issued guidance requiring entities to present deferred tax assets and liabilities as noncurrent in a classified balance sheet instead of separating into current and noncurrent amounts. This guidance is effective for the first quarter of 2017. Early adoption is permitted fo ...
... In November 2015, the FASB issued guidance requiring entities to present deferred tax assets and liabilities as noncurrent in a classified balance sheet instead of separating into current and noncurrent amounts. This guidance is effective for the first quarter of 2017. Early adoption is permitted fo ...
Cash Holdings and Firm Value during Latin American Financial Crises
... shares that are not held by blockholders (where blockholders are defined as shareholders holding at least 5% of the firm’s shares). As mentioned earlier, the data do not designate whether the blockholders are insiders or outsiders, so more concentrated ownership (i.e., lower free float) may or may n ...
... shares that are not held by blockholders (where blockholders are defined as shareholders holding at least 5% of the firm’s shares). As mentioned earlier, the data do not designate whether the blockholders are insiders or outsiders, so more concentrated ownership (i.e., lower free float) may or may n ...
VIASAT INC (Form: 10-K, Received: 05/27/2014 06
... under the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements are based on current expectations, estimates, forecasts and projections about the industries in which we operate and the beliefs and assumptions of our management. We use words such as “anticipate,” “believe,” ...
... under the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements are based on current expectations, estimates, forecasts and projections about the industries in which we operate and the beliefs and assumptions of our management. We use words such as “anticipate,” “believe,” ...
The Optimal Level of International Reserves For Emerging Market
... the opportunity cost of holding the reserves. We also present various extensions of the basic model, including one in which reserves have bene…ts in terms of prevention (they reduce the probability of a sudden stop). With our formula in hand, we then explore the quantitative implications of the mode ...
... the opportunity cost of holding the reserves. We also present various extensions of the basic model, including one in which reserves have bene…ts in terms of prevention (they reduce the probability of a sudden stop). With our formula in hand, we then explore the quantitative implications of the mode ...
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.