• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Sherritt international Corporation
Sherritt international Corporation

Model financial statements for the year ended 31
Model financial statements for the year ended 31

Prudential Standard APS 330 Public Disclosure
Prudential Standard APS 330 Public Disclosure

UNITED STATES SECURITIES AND EXCHANGE
UNITED STATES SECURITIES AND EXCHANGE

... factors that could cause actual results to differ materially from our expectations are contained in cautionary statements in this Annual Report and include, without limitation, the following: • Our business is exposed to risks associated with the volatile global economic environment and political co ...
Form 20-F/A - MOL Corporate
Form 20-F/A - MOL Corporate

... International Financial Reporting Standards, or IFRS, as issued by the International Accounting Standards Board, or IASB. Our selected consolidated financial data also includes adjusted EBITDA, which is a non-IFRS measure that is not required by, or presented in accordance with, IFRS, but is include ...
FORM 10-K - corporate
FORM 10-K - corporate

... the risk of potential decreases in our reimbursement rates. The foregoing are significant factors we think could cause our actual results to differ materially from expected results. However, there could be additional factors besides those listed herein that also could affect us in an adverse manner. ...
Czech Republic
Czech Republic

Drivers for Growth Through 2020
Drivers for Growth Through 2020

... Exchange-Traded Funds Study to identify five key trends driving global ETF demand. We then built a growth model projecting ETF asset growth over the next five years. Using current asset levels as a starting point, the model examined respondents’ future plans for increasing usage, broadening usage, i ...
To Be the World`s Leading Airline Group
To Be the World`s Leading Airline Group

... hypotheses of the group’s management based on currently available information. Air transportation, the group’s core business, involves government-mandated costs that are beyond the company’s control, such as airport utilization fees and fuel taxes. In addition, conditions in the markets served by ...
Project on Financial Statement Analysis of the Textile Industry Of
Project on Financial Statement Analysis of the Textile Industry Of

... Its cffecti ve ness is limited by the distortions which arise in financial statements due to such thin gs as Historical Cost Accounting and inflation . Therefore, Ratio Analysis should only be used as a tirst step in financial analysis, to obtain a quick indication of a firm's perfo rman ce and to i ...
SOTHEBYS
SOTHEBYS

... Under Sotheby’s standard payment terms, payments from buyers are due no more than 30 days from the sale date and consignor payments are made 35 days from the sale date. However, for specific collecting categories, extended payment terms are provided to buyers who are well-known to Sotheby’s in order ...
Annual Report 2004 ¦ Zurich Financial Services
Annual Report 2004 ¦ Zurich Financial Services

CFA Level I - LOS Changes 2016 - 2017
CFA Level I - LOS Changes 2016 - 2017

... describe the scope of the GIPS standards with respect to an investment firm’s definition and historical performance record explain how the GIPS standards are implemented in countries with existing standards for performance reporting and describe the appropriate response when the GIPS standards and l ...
World Investment Report 2006 FDI from Developing and
World Investment Report 2006 FDI from Developing and

... overseas investment and on the characteristics of the home economy. Any analysis of the impact of outward FDI on home developing economies faces several problems. First and foremost, there are significant data limitations and few research results. Given that the expansion of FDI from developing coun ...
united states securities and exchange commission
united states securities and exchange commission

... cause our actual results, performance or achievements, or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Some of these risks, uncertainties and other factors are as follows: our level of indebt ...
Conservatism in Accounting
Conservatism in Accounting

... Contractual use of accounting measures. Many contracts between parties to the firm use accounting numbers to reduce agency costs associated with the firm (see Watts and Zimmerman, 1986). Those contracts include contracts between the firm and holders of the firm’s debt (debt contracts), management c ...
The ECB`s securities markets programme
The ECB`s securities markets programme

... Of particular relevance here is the analytical distinction between disturbance and malfunctioning. The author defines the two concepts as follows: Disturbance and malfunction differ in that a disturbance means that the monetary policy impulse is not transmitted through the different channels to the ...
inland western - AnnualReports.com
inland western - AnnualReports.com

... This Annual Report and the Letter to Stockholders contain “forward-looking statements”. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, representations, plans or predictions of the future and are typica ...
- Covenant University Repository
- Covenant University Repository

... among other things, to assist the establishment of new, viable SMI projects; thereby stimulating economic growth, and development of local technology, promoting indigenous entrepreneurship and generating employment. Timing of investment exit was fixed at minimum of three years, that is, banks shall ...
How Do Mergers Create Value? A Comparison of Taxes, Market
How Do Mergers Create Value? A Comparison of Taxes, Market

... benchmarked to industry performance) to infer efficiency improvements after mergers.2 As pointed out in the literature (e.g., Harford, 2005), the fact that mergers are clustered in industries experiencing severe economic, technological, and/or regulatory shocks makes it difficult to draw inferences fr ...
University of Groningen An evaluation of the accounting rate of
University of Groningen An evaluation of the accounting rate of

- Zodiac Aerospace
- Zodiac Aerospace

... continued investing to develop new designs for seats, IFE (in-flight entertainment) and galley equipment. Changes in the scope of consolidation contributed €24.0 million to the COI surge (Excluding IFRS 3), while the effects of foreign exchange had an overall positive impact of €19.1 million (which ...
Lending-of-last-resort is as lending-of-last
Lending-of-last-resort is as lending-of-last

FORM 10-Q - 10K Wizard
FORM 10-Q - 10K Wizard

... normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three months ended March 29, 2013, are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. Sales of our nonalcoholic ready-to-drink ...
YAHOO INC (Form: 10-Q, Received: 11/12/2013 15:50:48)
YAHOO INC (Form: 10-Q, Received: 11/12/2013 15:50:48)

... results of operations of acquired companies from the date of the acquisition. The accompanying unaudited condensed consolidated interim financial statements reflect all adjustments, consisting of only normal recurring items, which, in the opinion of management, are necessary for a fair statement of ...
< 1 ... 6 7 8 9 10 11 12 13 14 ... 239 >

Global saving glut

Global saving glut (also global savings glut, GSG, cash hoarding, dead cash, dead money, glut of excess intended saving, shortfall of investment intentions), describes a situation in which desired saving exceeds desired investment. By 2005 Ben Bernanke, chairman of the Federal Reserve, the central bank of the United States, expressed concern about the ""significant increase in the global supply of saving"" and its implications for monetary policies, particularly in the United States. Although Bernanke's analyses focused on events in 2003 to 2007 that led to the 2007–2009 financial crisis, regarding GSG countries and the United States, excessive saving by the non-financial corporate sector (NFCS) is an ongoing phenomenon, affecting many countries. Bernanke's ""celebrated (if sometimes disputed)"" global saving glut (GSG) hypothesis argued that increased capital inflows to the United States from GSG countries were an important reason that U.S. longer-term interest rates from 2003 to 2007 were lower than expected.Alan Greenspan testifying at the Financial Crisis Inquiry Commission in 2010 explained, ""Whether it was a glut of excess intended saving, or a shortfall of investment intentions, the result was the same: a fall in global real long-term interest rates and their associated capitalization rates. Asset prices, particularly house prices, in nearly two dozen countries accordingly moved dramatically higher. U.S. house price gains were high by historical standards but no more than average compared to other countries.""An 2007 Organisation for Economic Co-operation and Development (OECD) report noted that the ""excess of gross saving over fixed investment (i.e. net lending) in the ""aggregate OECD corporate sector"" had been unusually large since 2002. In a 2006 International Monetary Fund report, it was observed that, ""since the bursting of the equity marketbubble in the early 2000s, companies in many industrial countries have moved from their traditional position of borrowing funds to finance their capital expenditures to running financial surpluses that they are now lending to other sectors of the economy."" David Wessell in a Wall Street Journal article observed that, ""[c]ompanies, which normally borrow other folks’ savings in order to invest, have turned thrifty. Even companies enjoying strong profits and cash flow are building cash hoards, reducing debt and buying back their own shares—instead of making investment bets."" Although the hypothesis of excess cash holdings or cash hoarding has been used by the Organisation for Economic Co-operation and Development (OECD), the International Monetary Fund and the media Wall Street Journal, Forbes, Canadian Broadcasting Corporation, the concept itself has been disputed and criticized as conceptually flawed in articles and reports published by the Hoover Institute, the Max-Planck Institute and the CATO Institute among others. Ben Bernanke used the phrase ""global savings glut"" in 2005 linking it to the U.S. current account deficit.In their July 2012 report Standard and Poors described the ""fragile equilibrium that currently exists in the global corporate credit landscape."" U.S. nonfinancial corporate sector NFCS firms continued to hoard a ""record amount of cash"" with large profitable investment-grade companies and technology and health care industries (with significant amounts of cash overseas), holding most of the wealth.By January 2013, NFCS firms in Europe had over 1 trillion euros of cash on their balance sheets, a record high in nominal terms.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report