Hedge Fund Activism April Klein, Stern School of Business, New
... who are both “accredited investors” (those with total annual incomes over $200,000 or a net worth over $1 million) and “qualified investors” (those with at least $5 million in investments). Thus, hedge fund investors have the financial resources to absorb large financial losses. Further, all of our ...
... who are both “accredited investors” (those with total annual incomes over $200,000 or a net worth over $1 million) and “qualified investors” (those with at least $5 million in investments). Thus, hedge fund investors have the financial resources to absorb large financial losses. Further, all of our ...
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 ...
Global Market Perspective
... Asia Pacific is likely to maintain its position as the most dynamic region globally. Active policy is expected to allow a soft landing in China, though the deceleration will take growth rates to 6.2% by next year, their lowest since 1990. Meanwhile, India is predicted to remain the fastest-growing A ...
... Asia Pacific is likely to maintain its position as the most dynamic region globally. Active policy is expected to allow a soft landing in China, though the deceleration will take growth rates to 6.2% by next year, their lowest since 1990. Meanwhile, India is predicted to remain the fastest-growing A ...
chapter one - McGraw Hill Higher Education
... At the same time, the Securities Industry Association, Wall Streets main trade group, issued a set of “best practices.” The goal was to “try to get back the public perception that analysts are independent and call stocks as they see them,” according to Mark Lackritz, president of the SIA, as quoted ...
... At the same time, the Securities Industry Association, Wall Streets main trade group, issued a set of “best practices.” The goal was to “try to get back the public perception that analysts are independent and call stocks as they see them,” according to Mark Lackritz, president of the SIA, as quoted ...
English - Oman Air
... Whilst natural disasters, civil strife, economic uncertainty and rising fuel prices have all had a negative impact on Oman Air’s financial performance, the outstanding quality of our product and the continued expansion of our network have resulted in a striking 16% increase in passengers carried, to ...
... Whilst natural disasters, civil strife, economic uncertainty and rising fuel prices have all had a negative impact on Oman Air’s financial performance, the outstanding quality of our product and the continued expansion of our network have resulted in a striking 16% increase in passengers carried, to ...
Institutional Investors as Blockholders
... and its maintenance over time. Maintenance is required because the ownership equilibrium, once achieved, does not remain in a static state but, rather, it is a dynamic process that exhibits deviations from, and restoration to, the state. In this dynamic process, market mechanisms such as corporate c ...
... and its maintenance over time. Maintenance is required because the ownership equilibrium, once achieved, does not remain in a static state but, rather, it is a dynamic process that exhibits deviations from, and restoration to, the state. In this dynamic process, market mechanisms such as corporate c ...
Key Credit Factors For The Regulated Utilities
... contained and symmetrical. The tariff set includes mechanisms allowing for a tariff adjustment for the timely recovery of volatile or unexpected operating and capital costs. There is a track record of earning a stable, compensatory rate of return in cash through various economic and political cycles ...
... contained and symmetrical. The tariff set includes mechanisms allowing for a tariff adjustment for the timely recovery of volatile or unexpected operating and capital costs. There is a track record of earning a stable, compensatory rate of return in cash through various economic and political cycles ...
RADIUS GOLD INC. (Form: 20-F/A, Received: 11/04
... Additional equity financings may dilute the ownership interests of existing shareholders; If the Company is unable to retain key members of management, the Company’s business might be harmed; Conflicts of interest may arise among the Company’s officers and directors as a result of their involvement ...
... Additional equity financings may dilute the ownership interests of existing shareholders; If the Company is unable to retain key members of management, the Company’s business might be harmed; Conflicts of interest may arise among the Company’s officers and directors as a result of their involvement ...
Neonode, Inc (Form: 10-Q, Received: 08/09/2016 08:48:47)
... that management will be successful in meeting its revenue targets and reducing its operating loss. In the future, we will require sources of capital in addition to cash on hand to continue operations and to implement our strategy. We are seeking sources of capital such as credit line facilities from ...
... that management will be successful in meeting its revenue targets and reducing its operating loss. In the future, we will require sources of capital in addition to cash on hand to continue operations and to implement our strategy. We are seeking sources of capital such as credit line facilities from ...
oecd economic outlook
... expectations are a crucial policy asset earned, in many cases, through painful disinflation in past decades. Confidence in price stability can be enhanced through various institutional arrangements coupled with careful communication but the ultimate confidence-enhancing measure is to actually delive ...
... expectations are a crucial policy asset earned, in many cases, through painful disinflation in past decades. Confidence in price stability can be enhanced through various institutional arrangements coupled with careful communication but the ultimate confidence-enhancing measure is to actually delive ...
Is the Investment-Uncertainty Link Really Elusive?
... and Dixit and Pindyck (1994)], which states that only one tail of the distribution of future outcomes matters when deciding to invest: the one with the negative outcomes. The option approach helps to understand why firms require high hurdle rates to undertake investment projects: whenever the option ...
... and Dixit and Pindyck (1994)], which states that only one tail of the distribution of future outcomes matters when deciding to invest: the one with the negative outcomes. The option approach helps to understand why firms require high hurdle rates to undertake investment projects: whenever the option ...
Springleaf Holdings, Inc.
... Springleaf Financial Holdings, LLC, an entity owned primarily by a private equity fund managed by an affiliate of Fortress Investment Group LLC and AIG Capital Corporation, a subsidiary of American International Group, Inc. The following unaudited pro forma condensed combined financial information p ...
... Springleaf Financial Holdings, LLC, an entity owned primarily by a private equity fund managed by an affiliate of Fortress Investment Group LLC and AIG Capital Corporation, a subsidiary of American International Group, Inc. The following unaudited pro forma condensed combined financial information p ...
LCcarG534_en.pdf
... particularly by farmers and small and medium-sized businesses, have long been crying for attention. Fundamental to these reforms is the need for new and innovative perspectives on development and governance. In the past, governments have assumed that with modem engineering techniques and technical a ...
... particularly by farmers and small and medium-sized businesses, have long been crying for attention. Fundamental to these reforms is the need for new and innovative perspectives on development and governance. In the past, governments have assumed that with modem engineering techniques and technical a ...
The Relationship between Credit Growth and the Expected Returns
... event increases, projects with lower expected cash flows are rejected by the bank, effectively raising the discount rate used by the bank to evaluate projects. This in turn contracts the supply of credit. Simultaneously, the discount rate used by the bank’s customers (the project manager) to evaluat ...
... event increases, projects with lower expected cash flows are rejected by the bank, effectively raising the discount rate used by the bank to evaluate projects. This in turn contracts the supply of credit. Simultaneously, the discount rate used by the bank’s customers (the project manager) to evaluat ...
Cost of Capital in Imperfect Competition Settings
... literature has found positive price effects associated with index inclusion. See for example Harris and Gurel (1986), Shleifer (1986), Jain (1987), Dhillon and Johnson (1991), Beneish and Whaley (1996), Lynch and Mendenhall (1997), and Wurgler and Zhuravskaya (2002). These effects, which are general ...
... literature has found positive price effects associated with index inclusion. See for example Harris and Gurel (1986), Shleifer (1986), Jain (1987), Dhillon and Johnson (1991), Beneish and Whaley (1996), Lynch and Mendenhall (1997), and Wurgler and Zhuravskaya (2002). These effects, which are general ...
The Hexagon System
... Manhattan were already providing corporate customers with mainframe computer terminals, through which they could access within-country transactions and balance data about their accounts. This was a strategic threat to the HongkongBank because these products focused on business customers engaged in i ...
... Manhattan were already providing corporate customers with mainframe computer terminals, through which they could access within-country transactions and balance data about their accounts. This was a strategic threat to the HongkongBank because these products focused on business customers engaged in i ...
Product market competition, corporate governance and firm
... Figure A shows productivity comparisons between the United States and the continental European countries of Germany and France for 1970 to 1995; the productivity estimates are taken from McKinsey Global Institute (1997). The top panels demonstrate that the gap in capital productivity between Germany ...
... Figure A shows productivity comparisons between the United States and the continental European countries of Germany and France for 1970 to 1995; the productivity estimates are taken from McKinsey Global Institute (1997). The top panels demonstrate that the gap in capital productivity between Germany ...
NBER WORKING PAPER SERIES THE ASYMMETRIC EFFECTS OF FINANCIAL FRICTIONS
... Economic variables are known to move asymmetrically during the bad and good phases of a business cycle: quickly and sharply during recessions, but slowly and gradually during recoveries. Interest rates on loans, for example, tend to rise quickly during a crisis, but fall slowly and gradually during ...
... Economic variables are known to move asymmetrically during the bad and good phases of a business cycle: quickly and sharply during recessions, but slowly and gradually during recoveries. Interest rates on loans, for example, tend to rise quickly during a crisis, but fall slowly and gradually during ...
FY16 Preliminary Results 766KB
... signs of weakness at year end 2016 due to expectations of rising interest rates in the US point to the uncertainty of any sustained recovery. Furthermore, geopolitical factors such as Brexit, the new administration in the United States, ongoing tensions in the Middle East, and developments in China ...
... signs of weakness at year end 2016 due to expectations of rising interest rates in the US point to the uncertainty of any sustained recovery. Furthermore, geopolitical factors such as Brexit, the new administration in the United States, ongoing tensions in the Middle East, and developments in China ...