
CEE Banking
... Within the NMC-8 this bank restructuring and subsequent privatisation process took up to 2001 for the Czech Republic, Slovakia and Lithuania. As a result the vast majority of banks operating in the NMC8 are now private and mostly foreign-owned. There is one large majority state-owned bank left in Po ...
... Within the NMC-8 this bank restructuring and subsequent privatisation process took up to 2001 for the Czech Republic, Slovakia and Lithuania. As a result the vast majority of banks operating in the NMC8 are now private and mostly foreign-owned. There is one large majority state-owned bank left in Po ...
Risk and Capital Management
... Board receive regular reports on the risk development and the utilisation of the allocated risk limits and can therefore monitor whether the risk limits are adhered to and whether they are still appropriate for the Group. Finance and Risk Management continuously focuses on securing a qualified basis ...
... Board receive regular reports on the risk development and the utilisation of the allocated risk limits and can therefore monitor whether the risk limits are adhered to and whether they are still appropriate for the Group. Finance and Risk Management continuously focuses on securing a qualified basis ...
LESSON 13: FACTORING – THEORETICAL FRAMEWORK
... factoring provides a non-recourse factoring deal. The exporter has 100 % protection against bad debts loss arising on account of credit sales. 5. Limited Factoring Under limited factoring, the factor discounts only certain invoices on selective basis and converts credit bills into cash in respect of ...
... factoring provides a non-recourse factoring deal. The exporter has 100 % protection against bad debts loss arising on account of credit sales. 5. Limited Factoring Under limited factoring, the factor discounts only certain invoices on selective basis and converts credit bills into cash in respect of ...
ESLA1997-1998_en.pdf
... the second-lowest level in the last half century, and labour markets showed a moderate improvement. Capital inflows reached an all-time high of nearly US$ 80 billion, which was enough to cover the widening current account deficit (US$ 63 billion) and to permit a substantial increase in international ...
... the second-lowest level in the last half century, and labour markets showed a moderate improvement. Capital inflows reached an all-time high of nearly US$ 80 billion, which was enough to cover the widening current account deficit (US$ 63 billion) and to permit a substantial increase in international ...
Basel III: Dynamics of State Implementation
... International Financial Regulations—Basel I and II Supporters hailed Basel I as a model of global network governance and an ideal example of a transnational regulatory network (“TRN”).12 Under the regulatory network theory, a TRN consists of a network of national government regulators that negotiate ...
... International Financial Regulations—Basel I and II Supporters hailed Basel I as a model of global network governance and an ideal example of a transnational regulatory network (“TRN”).12 Under the regulatory network theory, a TRN consists of a network of national government regulators that negotiate ...
Financial equilibrium with career concerns
... has on the asset market. In a recent study of active management, Berk and Green (2004) present a model with symmetric information, learning, and diminishing returns to fund size that replicates several features of the data, including the flow-performance relationship. Berk and Green consider a parti ...
... has on the asset market. In a recent study of active management, Berk and Green (2004) present a model with symmetric information, learning, and diminishing returns to fund size that replicates several features of the data, including the flow-performance relationship. Berk and Green consider a parti ...
Revisiting Asset Pricing under Habit Formation in an Overlapping
... Key words: Equity premium; habit formation preference; overlapping-generations economies; consumption asset pricing model; calibration ...
... Key words: Equity premium; habit formation preference; overlapping-generations economies; consumption asset pricing model; calibration ...
Download attachment
... to aid the development of products that are compatible with US laws and regulations as well as the Shariah. In Canada, the government is still considering how it will regulate Islamic banks having completed but not released two studies on the industry and thus there remains uncertainty about the pat ...
... to aid the development of products that are compatible with US laws and regulations as well as the Shariah. In Canada, the government is still considering how it will regulate Islamic banks having completed but not released two studies on the industry and thus there remains uncertainty about the pat ...
Words
... Act. YES NO Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YES NO Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act o ...
... Act. YES NO Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YES NO Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act o ...
Market Settlements Virtual and Financial Schedules (VF 201)
... centered on the Energy and Operating Reserves Markets • This is not a stakeholder meeting. The purpose of this training is NOT to make or to debate market design decisions, policies, or rules • Participants will actively participate in the training by asking constructive questions in an effort to im ...
... centered on the Energy and Operating Reserves Markets • This is not a stakeholder meeting. The purpose of this training is NOT to make or to debate market design decisions, policies, or rules • Participants will actively participate in the training by asking constructive questions in an effort to im ...
MICRON TECHNOLOGY INC (Form: 10-K, Received: 10/28/2013 16
... We make significant investments to develop the proprietary product and process technologies that are implemented in our worldwide manufacturing facilities and through our joint ventures. These investments enable our production of semiconductor products with increasing functionality and performance ...
... We make significant investments to develop the proprietary product and process technologies that are implemented in our worldwide manufacturing facilities and through our joint ventures. These investments enable our production of semiconductor products with increasing functionality and performance ...
Values Based Management_Text_4
... The above definitions are characterized by relatively high degree of generality, even though they become certain foundation for further reflection on this subject. Company value can be divided into two categories8. Namely the value of components that make up the company as well as its value in use, ...
... The above definitions are characterized by relatively high degree of generality, even though they become certain foundation for further reflection on this subject. Company value can be divided into two categories8. Namely the value of components that make up the company as well as its value in use, ...
The Adoption of IFRS in the EU and New Zealand
... understand and rely on the accounts of companies in other Member States, and to promote fair competition among Member State companies (Roberts et. al., 2002). Its articles include those referring to valuation rules, formats of published financial statements and disclosure requirements. It only cover ...
... understand and rely on the accounts of companies in other Member States, and to promote fair competition among Member State companies (Roberts et. al., 2002). Its articles include those referring to valuation rules, formats of published financial statements and disclosure requirements. It only cover ...
PRIMERO MINING CORP (Form: 40-F, Received: 03
... Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are advised to carefully review and consider the risk factors identified in the AIF unde ...
... Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are advised to carefully review and consider the risk factors identified in the AIF unde ...
Thematic Review on mortgage Underwriting and Origination Practices
... Problems arising from poorly underwritten residential mortgages contributed significantly to the financial crisis that began in 2007. The securitisation of these poorly underwritten mortgage loans, particularly subprime loans originated in the US, transmitted the eventual losses to the banking, secu ...
... Problems arising from poorly underwritten residential mortgages contributed significantly to the financial crisis that began in 2007. The securitisation of these poorly underwritten mortgage loans, particularly subprime loans originated in the US, transmitted the eventual losses to the banking, secu ...
mmi10 Posch 12046532 en
... We find that non-linearities in DSGE models can generate time-varying and asymmetric risk premia over the business cycle.5 Although these key features of the risk premium are negligible in the standard real business cycle model, we show that they become relevant, and asset market implications impro ...
... We find that non-linearities in DSGE models can generate time-varying and asymmetric risk premia over the business cycle.5 Although these key features of the risk premium are negligible in the standard real business cycle model, we show that they become relevant, and asset market implications impro ...
PDF
... E-mail addresses for the authors are: [email protected], [email protected], and [email protected] respectively. We thank seminar participants at Columbia University for their comments. Any errors are ours. ...
... E-mail addresses for the authors are: [email protected], [email protected], and [email protected] respectively. We thank seminar participants at Columbia University for their comments. Any errors are ours. ...
FORM 10-K - Morningstar Document Research
... changes, particularly with respect to e-commerce and mobile commerce; (4) our high degree of leverage; (5) credit and fraud risks in our business units and the merchant alliances, particularly in the context of e-commerce and mobile markets; (6) our merchant alliance program which involves several a ...
... changes, particularly with respect to e-commerce and mobile commerce; (4) our high degree of leverage; (5) credit and fraud risks in our business units and the merchant alliances, particularly in the context of e-commerce and mobile markets; (6) our merchant alliance program which involves several a ...
POLAND 2012 ECONOMY
... In 2008 and 2009, Poland’s economy suffered from the global economic crisis impact. It resulted in muted economic activity, which in turn triggered a slowdown in GDP growth. In 2010, the adverse trends observed in the economy in the last two years were struggled. Economic activity improved, and so d ...
... In 2008 and 2009, Poland’s economy suffered from the global economic crisis impact. It resulted in muted economic activity, which in turn triggered a slowdown in GDP growth. In 2010, the adverse trends observed in the economy in the last two years were struggled. Economic activity improved, and so d ...
The Impact of Turnover Ratios on Jordanian Services Sectors
... IMPACT OF TURNOVER RATIOS ON JORDANIAN SERVICES SECTORS’ PERFORMANCE H1: There is no significant impact of turnover ratios on Jordanian services sectors’ ROA. H2: There is no significant impact of turnover ratios on Jordanian services sectors’ ROE. ...
... IMPACT OF TURNOVER RATIOS ON JORDANIAN SERVICES SECTORS’ PERFORMANCE H1: There is no significant impact of turnover ratios on Jordanian services sectors’ ROA. H2: There is no significant impact of turnover ratios on Jordanian services sectors’ ROE. ...
The Relationship between the Equity Risk Premium
... Equation 3.9 states that, since around 1950, the dividend policy within ln[δf (t)/δ(t)] the market has been devised in such a way that dividend payments were after reverting to the logarithmic form for dividend growth. Equation made to carry information on earnings prospects. This is in sharp con3.1 ...
... Equation 3.9 states that, since around 1950, the dividend policy within ln[δf (t)/δ(t)] the market has been devised in such a way that dividend payments were after reverting to the logarithmic form for dividend growth. Equation made to carry information on earnings prospects. This is in sharp con3.1 ...
FORM 10-K - Morningstar Document Research
... businesses to accept electronic payments, helping financial institutions issue credit, debit and prepaid cards, and routing secure transactions between them. In 2015, we processed 79 billion transactions globally, or over 2,500 per second, and processed 28% of the world’s eCommerce volume. In our la ...
... businesses to accept electronic payments, helping financial institutions issue credit, debit and prepaid cards, and routing secure transactions between them. In 2015, we processed 79 billion transactions globally, or over 2,500 per second, and processed 28% of the world’s eCommerce volume. In our la ...
Blue Quay Investment Grade Credit Fund
... An investment in the Fund is subject to risks including possible delays in payment and loss of capital invested. See page 18. Distributions The Fund will distribute the total Fund Net Income to the unit-holders on a quarterly basis. Investors can elect to re-invest distributions into new Units of th ...
... An investment in the Fund is subject to risks including possible delays in payment and loss of capital invested. See page 18. Distributions The Fund will distribute the total Fund Net Income to the unit-holders on a quarterly basis. Investors can elect to re-invest distributions into new Units of th ...
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.