Analyszing the Cash and Carry Wholesaler`s Right of Existence in
... black retail market which purchases products on a cash and carry basis. In 1983, another cash and carry wholesaler, Success was established by the Shield Trading Corporation. Success grew rapidly, and five years later already had seven outlets. In July 1987, the Shield Trading Corporation establishe ...
... black retail market which purchases products on a cash and carry basis. In 1983, another cash and carry wholesaler, Success was established by the Shield Trading Corporation. Success grew rapidly, and five years later already had seven outlets. In July 1987, the Shield Trading Corporation establishe ...
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... consequence of the process of creative destruction. However, non-publicly traded firms in industries without such competitive pressures have also experienced large numbers of mergers and acquisitions (see figure I), so their cause remains an open question. In particular, cooperatives present a uniqu ...
... consequence of the process of creative destruction. However, non-publicly traded firms in industries without such competitive pressures have also experienced large numbers of mergers and acquisitions (see figure I), so their cause remains an open question. In particular, cooperatives present a uniqu ...
FY15 Preliminary Results 860KB
... costs. However, profit attributable to equity shareholders was US$70.5 million, down 35.0%, mainly due to the non-cash accounting effect of the devaluation of the Mexican peso on deferred taxes. EBITDA of US$547.5 million was 3.5% lower than in the previous year, while cash flow from operations was ...
... costs. However, profit attributable to equity shareholders was US$70.5 million, down 35.0%, mainly due to the non-cash accounting effect of the devaluation of the Mexican peso on deferred taxes. EBITDA of US$547.5 million was 3.5% lower than in the previous year, while cash flow from operations was ...
smoothing behavior of firms in times of crisis
... managers to have less incentive to manipulate earnings in crisis periods due to a higher market tolerance for poor performance. Strobl (2013) asserted also that managers are more likely to engage in opportunistic behavior during an economic boom as opposed to a recession period. Cohen and Zarowin (2 ...
... managers to have less incentive to manipulate earnings in crisis periods due to a higher market tolerance for poor performance. Strobl (2013) asserted also that managers are more likely to engage in opportunistic behavior during an economic boom as opposed to a recession period. Cohen and Zarowin (2 ...
R e s e r v e B... Vo l u m e 6 4 ... C o n t e n t s
... basis. In addition to summarising these and other outcomes of the review, the article also compares the Bank’s governance arrangements with those applicable to a number of other central banks, focusing in particular on those aspects of governance that relate to monetary policy decision-making. Still ...
... basis. In addition to summarising these and other outcomes of the review, the article also compares the Bank’s governance arrangements with those applicable to a number of other central banks, focusing in particular on those aspects of governance that relate to monetary policy decision-making. Still ...
The OECD Experience with Capital Account Liberalisation
... 1) The OECD Code of liberalisation of capital movements is a multilateral agreement aimed at promoting capital account liberalisation among OECD member countries. 2) The analysis of the Code and more generally of the OECD liberalisation experience permit us to identify three major characteristics. F ...
... 1) The OECD Code of liberalisation of capital movements is a multilateral agreement aimed at promoting capital account liberalisation among OECD member countries. 2) The analysis of the Code and more generally of the OECD liberalisation experience permit us to identify three major characteristics. F ...
Fannie Mae Q1 2016 Earnings Press Release
... build a capital reserve. Beginning in 2013, the required senior preferred stock dividends each quarter equal the amount, if any, by which the company’s net worth as of the end of the immediately preceding fiscal quarter exceeds an applicable capital reserve amount. The capital reserve amount is $1.2 ...
... build a capital reserve. Beginning in 2013, the required senior preferred stock dividends each quarter equal the amount, if any, by which the company’s net worth as of the end of the immediately preceding fiscal quarter exceeds an applicable capital reserve amount. The capital reserve amount is $1.2 ...
S0700037_en.pdf
... War I), although a change occurred between the two periods in the composition of capital flows, especially an increase of the shortterm capital flows relatively to long-term capital flows is observed in the current globalization wave (Solimano and Gutiérrez, 2006). ...
... War I), although a change occurred between the two periods in the composition of capital flows, especially an increase of the shortterm capital flows relatively to long-term capital flows is observed in the current globalization wave (Solimano and Gutiérrez, 2006). ...
Report of the Commission of Experts of the President of the United
... An alternative, complementary explanation is that there is a deep flaw in our system of global economic governance. According to democratic principles those who are deeply affected by a policy should have a say in their formulation, and those who are responsible for massive failures and injury shoul ...
... An alternative, complementary explanation is that there is a deep flaw in our system of global economic governance. According to democratic principles those who are deeply affected by a policy should have a say in their formulation, and those who are responsible for massive failures and injury shoul ...
What Matters for Financial Development? Capital Controls
... Our empirical results suggest that a higher level of legal and institutional development contributes both directly and in an interactive manner with financial openness to the development of equity markets, but only if a country is equipped with a reasonable level of legal and institutional developme ...
... Our empirical results suggest that a higher level of legal and institutional development contributes both directly and in an interactive manner with financial openness to the development of equity markets, but only if a country is equipped with a reasonable level of legal and institutional developme ...
The Balance of Payments and Exchange Rates
... The Balance of Payments • Foreign exchange is simply all currencies other than the domestic currency of a given country • The balance of payments is the record of a country’s transactions in goods, services, and assets with the rest of the world; also the record of a country’s sources (supply) and u ...
... The Balance of Payments • Foreign exchange is simply all currencies other than the domestic currency of a given country • The balance of payments is the record of a country’s transactions in goods, services, and assets with the rest of the world; also the record of a country’s sources (supply) and u ...
Financial System Review - December 2012
... has slowed, although there are signs of stabilization around current growth rates. In Canada, a moderate expansion is proceeding, with domestic factors offsetting global headwinds. ...
... has slowed, although there are signs of stabilization around current growth rates. In Canada, a moderate expansion is proceeding, with domestic factors offsetting global headwinds. ...
DEVELOPMENT ASIA-PACIFIC JOURNAL Vol. 10, No. 1, June ...
... savings rate prior to the crisis was also high, standing at 38.5 per cent of GNP (gross national product). Other indicators in the pre-crisis period were equally satisfactory. Foreign debt, for instance, was only US$ 45.2 billion or 42 per cent of GDP. Short-term debt is frequently cited as a source ...
... savings rate prior to the crisis was also high, standing at 38.5 per cent of GNP (gross national product). Other indicators in the pre-crisis period were equally satisfactory. Foreign debt, for instance, was only US$ 45.2 billion or 42 per cent of GDP. Short-term debt is frequently cited as a source ...
Accounts and Notes Receivable
... Receivables – Why they are important At this point, we begin to study financial accounting topics not covered in Accounting 100. This chapter will be challenging because all material is new. Therefore, make certain to devote the proper amount of time to the course material. A receivable is an amount ...
... Receivables – Why they are important At this point, we begin to study financial accounting topics not covered in Accounting 100. This chapter will be challenging because all material is new. Therefore, make certain to devote the proper amount of time to the course material. A receivable is an amount ...
Security Analysis, Agency Costs, and UK Firm Characteristics
... ask whether UK security analysis, as predicted by Jensen and Meckling (1976), exerts a (1) positive influence on firm value, and (2) negative impact on agency costs. The exact nature and extent to which security analysis affects firm value and managerial conduct in UK firms remains the central focus ...
... ask whether UK security analysis, as predicted by Jensen and Meckling (1976), exerts a (1) positive influence on firm value, and (2) negative impact on agency costs. The exact nature and extent to which security analysis affects firm value and managerial conduct in UK firms remains the central focus ...
The Term Structure of Interest Rates
... • John Moody began the modern bond rating business by publishing Moody’s Analyses of Railroad Investments in 1909. • By the 1920s, the work of rating agencies expanded to cover an increasing number of industries. • In the post-World War II period, prosperity diminished the role of rating agencies, b ...
... • John Moody began the modern bond rating business by publishing Moody’s Analyses of Railroad Investments in 1909. • By the 1920s, the work of rating agencies expanded to cover an increasing number of industries. • In the post-World War II period, prosperity diminished the role of rating agencies, b ...