Rethinking the Role of Recourse in the Sale of Financial Assets
... What does it mean to "sell" a financial asset? The answer has confounded courts and commentators for some time. The question has taken on increased importance with the rise of the securitization industry. A financial asset is a right to payment of money. Examples include trade receivables (rights to ...
... What does it mean to "sell" a financial asset? The answer has confounded courts and commentators for some time. The question has taken on increased importance with the rise of the securitization industry. A financial asset is a right to payment of money. Examples include trade receivables (rights to ...
Multi-Period Trading via Convex Optimization
... Trade vector. In our simplified model we assume that all trading, i.e., buying and selling of assets, occurs at the beginning of each time period. (In reality the trades would likely be spread over at least some part of the period.) We let ut ∈ Rn denote the dollar values of the trades, at the curre ...
... Trade vector. In our simplified model we assume that all trading, i.e., buying and selling of assets, occurs at the beginning of each time period. (In reality the trades would likely be spread over at least some part of the period.) We let ut ∈ Rn denote the dollar values of the trades, at the curre ...
RYDER SYSTEM INC (Form: 10-K, Received: 02/12
... equipment necessary for operation of the vehicles while our customers furnish and supervise their own drivers and dispatch and exercise control over the vehicles. Our full service lease includes all the maintenance services that are part of our contract maintenance service offering. We target leasin ...
... equipment necessary for operation of the vehicles while our customers furnish and supervise their own drivers and dispatch and exercise control over the vehicles. Our full service lease includes all the maintenance services that are part of our contract maintenance service offering. We target leasin ...
The Impact of Foreign-Currency Movements on Equity
... or two. The U.S. Federal Reserve is likely to raise rates in the next 12 months, which would be the first increase since 2006. The Bank of Japan and the European Central Bank, on the other hand, plan to maintain extremely low interest rates in their countries for the foreseeable future. Both central ...
... or two. The U.S. Federal Reserve is likely to raise rates in the next 12 months, which would be the first increase since 2006. The Bank of Japan and the European Central Bank, on the other hand, plan to maintain extremely low interest rates in their countries for the foreseeable future. Both central ...
fourth quarter results 2015
... statements use the words “believe,” “expect,” “anticipate,” “may,” “should,” “intend,” “estimate” and other similar terms, which do not relate to historical matters. Such forward-looking statements involve known and unknown risks and uncertainties and other factors that may cause the actual results ...
... statements use the words “believe,” “expect,” “anticipate,” “may,” “should,” “intend,” “estimate” and other similar terms, which do not relate to historical matters. Such forward-looking statements involve known and unknown risks and uncertainties and other factors that may cause the actual results ...
Credit Suisse Global Investment Returns Yearbook 2013
... USD) was 0.8%. Over the first half of the 20th century, the average annualized premium was 0.8%. Since then, it has been 1.5%, elevated by the high and unsustainable bond returns since 1980. For major markets with a low risk of default, we therefore estimate an annualized forward-looking 20-year mat ...
... USD) was 0.8%. Over the first half of the 20th century, the average annualized premium was 0.8%. Since then, it has been 1.5%, elevated by the high and unsustainable bond returns since 1980. For major markets with a low risk of default, we therefore estimate an annualized forward-looking 20-year mat ...
Liberal Mercantilism: Exchange Rate Regimes, Foreign Currency
... quality of legal claims (Davis 2012). Our findings do no dispute or diminish the importance of these factors in determining which disputes are brought, but does identify conditions that impact when trade disputes are brought and, by extension, when firm level interests are likely to translate most r ...
... quality of legal claims (Davis 2012). Our findings do no dispute or diminish the importance of these factors in determining which disputes are brought, but does identify conditions that impact when trade disputes are brought and, by extension, when firm level interests are likely to translate most r ...
Intermediate Accounting
... • The asset must be held for use in operations and not for investment. This characteristic does not imply that the asset must be continuously used. For example, the furniture and fixtures in coffee shops are included in its property, plant, and equipment. However, the companies that sold these items ...
... • The asset must be held for use in operations and not for investment. This characteristic does not imply that the asset must be continuously used. For example, the furniture and fixtures in coffee shops are included in its property, plant, and equipment. However, the companies that sold these items ...
BASE PROSPECTUS ARION BANK HF. €2000000000
... in accordance with the facts and does not omit anything likely to affect the import of such information. This Base Prospectus is to be read in conjunction with all documents which are deemed to be incorporated in it by reference (see "Documents Incorporated by Reference"). This Base Prospectus shall ...
... in accordance with the facts and does not omit anything likely to affect the import of such information. This Base Prospectus is to be read in conjunction with all documents which are deemed to be incorporated in it by reference (see "Documents Incorporated by Reference"). This Base Prospectus shall ...
Tilburg University The Life Cycle of the Firm with
... establishes how the capital income tax system affects the cost of capital throughout the entire life cycle of a firm. In particular, the cost of newly issued equity may exceed the cost of new equity as derived by King and Fullerton (1984). Intuitively, the more new equity the firm issues initially, ...
... establishes how the capital income tax system affects the cost of capital throughout the entire life cycle of a firm. In particular, the cost of newly issued equity may exceed the cost of new equity as derived by King and Fullerton (1984). Intuitively, the more new equity the firm issues initially, ...
The Federal Reserve`s Framework for Monetary Policy
... announcement of the “balance of risks” following FOMC meetings in 2000, and expediting the publication of FOMC minutes from 2006 onward. 4 A. Providing greater clarity regarding policy objectives and strategy In recent years, the Committee has taken a sequence of steps to improve public understandi ...
... announcement of the “balance of risks” following FOMC meetings in 2000, and expediting the publication of FOMC minutes from 2006 onward. 4 A. Providing greater clarity regarding policy objectives and strategy In recent years, the Committee has taken a sequence of steps to improve public understandi ...
Profits and Economic Development
... rate. We also test for the most likely alternative mechanism, that higher rents are associated with less competition which allows for managerial slack. Using data on management from Bloom and Van Reenan (2010), we find (albeit without much statistical power) that management practice has no associati ...
... rate. We also test for the most likely alternative mechanism, that higher rents are associated with less competition which allows for managerial slack. Using data on management from Bloom and Van Reenan (2010), we find (albeit without much statistical power) that management practice has no associati ...
Generation Wholesale Global Share Fund
... the risks that can affect your investment. All investments are subject to risk. This means that you can lose money on your investments or that they may not meet your objectives, such as growth in the value of your investments or the expected return from your investment. What risks affect your invest ...
... the risks that can affect your investment. All investments are subject to risk. This means that you can lose money on your investments or that they may not meet your objectives, such as growth in the value of your investments or the expected return from your investment. What risks affect your invest ...
Öþ¾œB— `ºƒl‡Ôã
... use the mails of Australia, Canada, Hong Kong, Japan, South Africa or the United States for any purpose directly or indirectly related to acceptance of the Tender Offer. Envelopes containing forms of acceptance must not be post marked in Australia, Canada, Hong Kong, Japan, South Africa or the Unit ...
... use the mails of Australia, Canada, Hong Kong, Japan, South Africa or the United States for any purpose directly or indirectly related to acceptance of the Tender Offer. Envelopes containing forms of acceptance must not be post marked in Australia, Canada, Hong Kong, Japan, South Africa or the Unit ...
View/Open - DBS eSource - Dublin Business School
... The research question is focused on why corporations fail, particularly the recurring themes from failures. This question is important as the total-assets of companies filing for bankruptcy in the U.S was at $1.159billion in 2008 (Kalwarski T, 2009)3. In addition big-businesses in Ireland that went ...
... The research question is focused on why corporations fail, particularly the recurring themes from failures. This question is important as the total-assets of companies filing for bankruptcy in the U.S was at $1.159billion in 2008 (Kalwarski T, 2009)3. In addition big-businesses in Ireland that went ...
Herd Behaviour and Cascading in Capital Markets: a Review and
... may deviate from the herd as well. In this paper we review both fully rational and imperfectly rational theories of behavioral convergence; their implications for investor trading, managerial investment and financing choices, analyst following and forecasts, market prices, market regulation, and wel ...
... may deviate from the herd as well. In this paper we review both fully rational and imperfectly rational theories of behavioral convergence; their implications for investor trading, managerial investment and financing choices, analyst following and forecasts, market prices, market regulation, and wel ...
The thirty-minute guide to Private Equity
... This report should take you no more than thirty minutes to read. By the end, you will know why private equity companies represent a major risk to workers’ jobs and employment conditions around the world – and why trade union organisations like UNI are campaigning for proper controls over this multi ...
... This report should take you no more than thirty minutes to read. By the end, you will know why private equity companies represent a major risk to workers’ jobs and employment conditions around the world – and why trade union organisations like UNI are campaigning for proper controls over this multi ...
Do family firms grow differently than non
... the consequence of weak growth can be social unrest and political instability. In this context we know that the economy in our part of the world is very dominated by family ownership (Morck, Wolfenzon, and Yeung, 2005). Since these families might have different attitude towards investment projects, i ...
... the consequence of weak growth can be social unrest and political instability. In this context we know that the economy in our part of the world is very dominated by family ownership (Morck, Wolfenzon, and Yeung, 2005). Since these families might have different attitude towards investment projects, i ...
Option value-improving resource allocation efficiency
... With these two characteristics in mind, Weisbrod considered Friedman's example of a national park where it is easy to charge a fee, the park is privately owned, the firm can price discriminate, the good is not storable and there are no external economies. If total cost exceeds total revenue, then it ...
... With these two characteristics in mind, Weisbrod considered Friedman's example of a national park where it is easy to charge a fee, the park is privately owned, the firm can price discriminate, the good is not storable and there are no external economies. If total cost exceeds total revenue, then it ...
Deployment procedure
... Deployment Note to Users Deployment note: 20150722-124 Date: 2015-07-23 Kuali Financial System – Production Summary of system / functionality / bugs / changes in this deployment ...
... Deployment Note to Users Deployment note: 20150722-124 Date: 2015-07-23 Kuali Financial System – Production Summary of system / functionality / bugs / changes in this deployment ...
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.