Essays on Capital Structure Stability - cerge-ei
... that can explain about 30% of the total variation in capital structure. However, Lemmon, Roberts, and Zender (2008) notice that the capital structure of firms remains almost unchanged during their lives meaning that leverage ratios are significantly stable over time. The authors also stress that the ...
... that can explain about 30% of the total variation in capital structure. However, Lemmon, Roberts, and Zender (2008) notice that the capital structure of firms remains almost unchanged during their lives meaning that leverage ratios are significantly stable over time. The authors also stress that the ...
Word - corporate
... (including distributions to our general partner on its incentive distribution rights) and participating securities, by the weighted average number of outstanding common units (also referred to as limited partner units) during the period. Participating securities include unvested phantom units with n ...
... (including distributions to our general partner on its incentive distribution rights) and participating securities, by the weighted average number of outstanding common units (also referred to as limited partner units) during the period. Participating securities include unvested phantom units with n ...
March 31, 2017 Form 10-Q
... Net cash provided by (used in) financing activities Effect of exchange rate changes on cash Net decrease in cash Cash at beginning of year Change in cash of businesses held for sale Cash at end of period ...
... Net cash provided by (used in) financing activities Effect of exchange rate changes on cash Net decrease in cash Cash at beginning of year Change in cash of businesses held for sale Cash at end of period ...
ACI Dealing Certificate syllabus
... the responsibilities of banks and of their financial markets division ...
... the responsibilities of banks and of their financial markets division ...
NxStage Medical, Inc.
... To the extent the tax benefit is not available at the reporting date under the governing tax law or if we do not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit is presented as a liability and not combined with deferred tax assets. The adoption of this standard di ...
... To the extent the tax benefit is not available at the reporting date under the governing tax law or if we do not intend to use the deferred tax asset for such purpose, the unrecognized tax benefit is presented as a liability and not combined with deferred tax assets. The adoption of this standard di ...
Does the Dodd-Frank Act Reduce Conflicts of Interest Faced by
... precisely, credit rating agencies provide forward-looking evaluations on the Örmsí creditworthiness, which beneÖt both issuers and potential investors. Credit ratings help issuers gain access to debt. Good credit ratings allow them to easily borrow from Önancial intermediaries or public markets. How ...
... precisely, credit rating agencies provide forward-looking evaluations on the Örmsí creditworthiness, which beneÖt both issuers and potential investors. Credit ratings help issuers gain access to debt. Good credit ratings allow them to easily borrow from Önancial intermediaries or public markets. How ...
DEUTSCHE BANK AKTIENGESELLSCHAFT (Form
... The Issuer’s estimated value of the securities is equal to the sum of our valuations of the following two components of the securities: (i) a bond and (ii) an embedded derivative(s). The value of the bond component of the securities is calculated based on the present value of the stream of cash paym ...
... The Issuer’s estimated value of the securities is equal to the sum of our valuations of the following two components of the securities: (i) a bond and (ii) an embedded derivative(s). The value of the bond component of the securities is calculated based on the present value of the stream of cash paym ...
Watani Investment Company K.S.C.C. (“NBK Capital”) and KAMCO
... All interest payment amounts attributable to the Bonds shall be payable subject to and in accordance with the terms and conditions set out in the “Terms and Conditions of the Issue”. Interest on the Bonds will accrue as of the issue date of the Bonds and will be payable semi-annually in arrears comm ...
... All interest payment amounts attributable to the Bonds shall be payable subject to and in accordance with the terms and conditions set out in the “Terms and Conditions of the Issue”. Interest on the Bonds will accrue as of the issue date of the Bonds and will be payable semi-annually in arrears comm ...
TreeHouse Foods, Inc. (Form: 10-K, Received: 02/18
... historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. These forward-looking statements and other information are based on our beliefs as well as assumptions made by us using informatio ...
... historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. These forward-looking statements and other information are based on our beliefs as well as assumptions made by us using informatio ...
Capital Flows to Central and Eastern Europe and the Former Soviet
... gross domestic product (GDP) and exports in 1996. As a fraction of their GDP, total inflows were consequently smaller than for many other developing countries, and averaged about 5.4 percent over the 1990-96 period. Taking debt service and capital flight into account, resource inflows were much lowe ...
... gross domestic product (GDP) and exports in 1996. As a fraction of their GDP, total inflows were consequently smaller than for many other developing countries, and averaged about 5.4 percent over the 1990-96 period. Taking debt service and capital flight into account, resource inflows were much lowe ...
Outside Liquidity, Rollover Risk, and Government Bonds
... public claims are free from such risk. Satisfying liquidity needs by selling government securities in exchange for outside liquidity (referred to as public outside liquidity) may thus enhance efficiency and stability. We derive our results from a banking model in the tradition of Diamond and Dybvig ...
... public claims are free from such risk. Satisfying liquidity needs by selling government securities in exchange for outside liquidity (referred to as public outside liquidity) may thus enhance efficiency and stability. We derive our results from a banking model in the tradition of Diamond and Dybvig ...
Franklin California Tax-Free Income Fund SAI
... which may or may not exceed the income or gains received from the securities purchased with borrowed funds. In addition to borrowings that are subject to 300% asset coverage and are considered by the SEC to be permitted “senior securities,” the Fund is also permitted under the 1940 Act to borrow for ...
... which may or may not exceed the income or gains received from the securities purchased with borrowed funds. In addition to borrowings that are subject to 300% asset coverage and are considered by the SEC to be permitted “senior securities,” the Fund is also permitted under the 1940 Act to borrow for ...
Decision on strategy for the next transmission and gas
... RIIO-T1 and GD1 are the first transmission and gas distribution price controls to reflect the new RIIO (Revenue = Incentives + Innovation + Outputs) model. RIIO is designed to drive real benefits for consumers; providing network companies with strong incentives to step up and meet the challenges of ...
... RIIO-T1 and GD1 are the first transmission and gas distribution price controls to reflect the new RIIO (Revenue = Incentives + Innovation + Outputs) model. RIIO is designed to drive real benefits for consumers; providing network companies with strong incentives to step up and meet the challenges of ...
BBVA BANCO FRANCÉS S.A.
... Except net income per-ordinary share and net income per-ADS data and financial ratios. Assumes average ordinary shares outstanding in each period. The cash dividend amounts do not reflect any deduction for certain charges that are taken with regards to the “American Depositary Receipts”. (3) Include ...
... Except net income per-ordinary share and net income per-ADS data and financial ratios. Assumes average ordinary shares outstanding in each period. The cash dividend amounts do not reflect any deduction for certain charges that are taken with regards to the “American Depositary Receipts”. (3) Include ...
FORM 10-K - cloudfront.net
... mortgage lending, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans. Our direct-to-consumer businesses use digital channels, television, direct mail, and other channels to offer access to financing solutions. We warehouse, securit ...
... mortgage lending, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans. Our direct-to-consumer businesses use digital channels, television, direct mail, and other channels to offer access to financing solutions. We warehouse, securit ...
Download attachment
... results cannot necessarily be generalized to lenders. Lenders typically have access to more information about the company than do equity investors and this greater amount of information might mitigate poor internal controls. Additionally, lenders generally have a shorter-term perspective than invest ...
... results cannot necessarily be generalized to lenders. Lenders typically have access to more information about the company than do equity investors and this greater amount of information might mitigate poor internal controls. Additionally, lenders generally have a shorter-term perspective than invest ...
Danske Bank annual report 2008
... that meet the regulatory solvency requirement to apply to the Danish state for subordinated loan capital in the form of hybrid core capital. The Board of Directors will propose to the general meeting that the Board of Directors be authorised to apply for and let the Group receive subordinated loan c ...
... that meet the regulatory solvency requirement to apply to the Danish state for subordinated loan capital in the form of hybrid core capital. The Board of Directors will propose to the general meeting that the Board of Directors be authorised to apply for and let the Group receive subordinated loan c ...
4.1 Foreign strategic ownership and minority shareholder protection
... Agency theory suggests outside shareholders prefer higher cash dividend payouts as firms’ free cash flows under insider control is reduced. However, given the high ownership concentration, non-tradable shares and the strong state control in China, an important question is whether firms use cash divi ...
... Agency theory suggests outside shareholders prefer higher cash dividend payouts as firms’ free cash flows under insider control is reduced. However, given the high ownership concentration, non-tradable shares and the strong state control in China, an important question is whether firms use cash divi ...
words - Investor Relations Solutions
... Failed Banks. In connection with these acquisitions, we entered into loss sharing agreements with the FDIC covering approximately $796.1 million of outstanding loans balances and real estate of the Failed Banks that we acquired. Under the loss sharing arrangements, the FDIC has agreed to absorb 80% ...
... Failed Banks. In connection with these acquisitions, we entered into loss sharing agreements with the FDIC covering approximately $796.1 million of outstanding loans balances and real estate of the Failed Banks that we acquired. Under the loss sharing arrangements, the FDIC has agreed to absorb 80% ...
Integrated annual report and group annual financial statements
... areas across South Africa, sub-Saharan Africa and, more recently, South-eastern Europe. Hyprop’s strategy is to own high-quality shopping centres in emerging markets, where such assets can be acquired or developed at attractive yields. Hyprop’s shopping centres dominate in terms of average size, whi ...
... areas across South Africa, sub-Saharan Africa and, more recently, South-eastern Europe. Hyprop’s strategy is to own high-quality shopping centres in emerging markets, where such assets can be acquired or developed at attractive yields. Hyprop’s shopping centres dominate in terms of average size, whi ...
Jubilant LifesciencesJULS.NS JOL IN
... annual sales. Hence ex methylprednisolone, sales per approved ANDA stand at USD 2.3mn. The company has received a spate of approvals in the US (four approvals in 4QFY15) in the recent past. However, in most cases, JOL will be a late entrant and hence we do not expect any significant impact from thes ...
... annual sales. Hence ex methylprednisolone, sales per approved ANDA stand at USD 2.3mn. The company has received a spate of approvals in the US (four approvals in 4QFY15) in the recent past. However, in most cases, JOL will be a late entrant and hence we do not expect any significant impact from thes ...
0001193125-04-025942 - Lasalle Hotel Properties
... This report, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company i ...
... This report, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company i ...
Since upgrades are rare, bonds issuers have stronger incentives to
... credit rating is basically an opinion provided by a rating agency as to credit risk. The primary credit rating category is most commonly denoted with letter ratings. For example, S&P uses ten “broad” categories (i.e., AAA, AA, A, BBB, BB, B, CCC, CC, C, D). S&P divides each broad category from AA to ...
... credit rating is basically an opinion provided by a rating agency as to credit risk. The primary credit rating category is most commonly denoted with letter ratings. For example, S&P uses ten “broad” categories (i.e., AAA, AA, A, BBB, BB, B, CCC, CC, C, D). S&P divides each broad category from AA to ...