The impact of a firm`s carbon risk profile on the cost of debt capital
... its cost of debt. Specifically, we predict and test the following two propositions: (1) firms with higher carbon-related risk exposure face a higher cost of debt and (2) firms can mitigate this ‘carbon risk’ penalty to their cost of debt by providing evidence regarding its awareness of the carbon-re ...
... its cost of debt. Specifically, we predict and test the following two propositions: (1) firms with higher carbon-related risk exposure face a higher cost of debt and (2) firms can mitigate this ‘carbon risk’ penalty to their cost of debt by providing evidence regarding its awareness of the carbon-re ...
Euro Area Policies: 2016 Article IV Consultation--Press Release
... Directors encouraged the authorities to pursue a more balanced policy mix through growthfriendly fiscal rebalancing, use of fiscal space where available, and an expansion of centralized investment schemes or funds for common projects. Countries without space should stick to consolidation plans and u ...
... Directors encouraged the authorities to pursue a more balanced policy mix through growthfriendly fiscal rebalancing, use of fiscal space where available, and an expansion of centralized investment schemes or funds for common projects. Countries without space should stick to consolidation plans and u ...
Bulletin Contents Volume 75 No. 3, September 2012
... for the companies themselves which might otherwise be ...
... for the companies themselves which might otherwise be ...
File - Amy Toman e
... Introduction to Financial Statement Analysis Using Financial Ratios There are four categories of financial ratios that help to define the overall condition of a company. These ratios help to give understanding to the relationships between financial statements. They also provide historical informatio ...
... Introduction to Financial Statement Analysis Using Financial Ratios There are four categories of financial ratios that help to define the overall condition of a company. These ratios help to give understanding to the relationships between financial statements. They also provide historical informatio ...
Analysis of the Discount Factors in Swap Valuation
... Currency swaps, introduced in the 1970s due to foreign exchange controls in Britain, have been an important tool for financing. [2] In a currency swap contract, Party A makes predetermined payments periodically to Party B in one currency like U.S. dollars, meanwhile, Party B pays a certain amount i ...
... Currency swaps, introduced in the 1970s due to foreign exchange controls in Britain, have been an important tool for financing. [2] In a currency swap contract, Party A makes predetermined payments periodically to Party B in one currency like U.S. dollars, meanwhile, Party B pays a certain amount i ...
EXIDE TECHNOLOGIES
... 9, 2014), LIBOR plus 4.00% per annum and (ii) thereafter, LIBOR plus 4.50% per annum, (b) the fees payable for unused revolving commitments shall be increased to (i) with respect to such fees payable on or prior to December 31, 2014 (retroactive to October 9, 2014), 1.00% per annum and (ii) thereaft ...
... 9, 2014), LIBOR plus 4.00% per annum and (ii) thereafter, LIBOR plus 4.50% per annum, (b) the fees payable for unused revolving commitments shall be increased to (i) with respect to such fees payable on or prior to December 31, 2014 (retroactive to October 9, 2014), 1.00% per annum and (ii) thereaft ...
2005 Survey - Freddie Mac Home
... – Do not feel entirely comfortable talking – Do not find banks intimidating to their banks about personal finances – Strongly agree that their banks treat – Find prioritizing their bills difficult (and ...
... – Do not feel entirely comfortable talking – Do not find banks intimidating to their banks about personal finances – Strongly agree that their banks treat – Find prioritizing their bills difficult (and ...
Corporate capital structure choice: does
... investments and borrowings. Furthermore, if the share of females in management is high, the firm can be more likely to hold less risky capital. The riskiness of the manager’s decisions could be reflected by the amount of capital borrowed. Obviously, borrowings are not always bad as they may increase ...
... investments and borrowings. Furthermore, if the share of females in management is high, the firm can be more likely to hold less risky capital. The riskiness of the manager’s decisions could be reflected by the amount of capital borrowed. Obviously, borrowings are not always bad as they may increase ...
Convertible Bonds Primer
... Small, fast-growing companies wishing to minimize their interest cost will issue convertible bonds. These companies often have volatile capital structures and usually lack a long-term track record. For these reasons, they are required to raise debt at a significantly high interest cost. By issuing ...
... Small, fast-growing companies wishing to minimize their interest cost will issue convertible bonds. These companies often have volatile capital structures and usually lack a long-term track record. For these reasons, they are required to raise debt at a significantly high interest cost. By issuing ...
The Eurozone Crisis
... 8.7% of GDP during 2010. To achieve this, he announced tough austerity measures for 2010, including a 10% reduction in social security spending, and a freeze of public sector wages. He also promised to reform the pension and tax systems to make sure wealthier people paid more, and to fight corruptio ...
... 8.7% of GDP during 2010. To achieve this, he announced tough austerity measures for 2010, including a 10% reduction in social security spending, and a freeze of public sector wages. He also promised to reform the pension and tax systems to make sure wealthier people paid more, and to fight corruptio ...
8. Financial statements - Australian Reinsurance Pool Corporation
... nature of principal and interest on the principal outstanding, and in which case the financial asset is to be carried at amortised cost. Where an entity's objective for holding a financial asset changes, so should the accounting treatment. The sale of a financial asset for portfolio management, cred ...
... nature of principal and interest on the principal outstanding, and in which case the financial asset is to be carried at amortised cost. Where an entity's objective for holding a financial asset changes, so should the accounting treatment. The sale of a financial asset for portfolio management, cred ...
CMBS Subordination, Ratings Inflation, and Regulatory
... the effects of recent changes in regulations that affected highly rated CMBS securities, but not lower-rated CMBS (or other defaultable securities of any rating). We find that the spread between CMBS and corporate-bond yields for ratings AA and AAA fell significantly after 2002, when risk-based capi ...
... the effects of recent changes in regulations that affected highly rated CMBS securities, but not lower-rated CMBS (or other defaultable securities of any rating). We find that the spread between CMBS and corporate-bond yields for ratings AA and AAA fell significantly after 2002, when risk-based capi ...
The Need for a Negligence Standard of Care for Credit Rating
... natural barriers to entry associated with the industry.' 8 In 2003, there were only three nationally recognized credit rating agencies: Moody's, S&P, and Fitch Ratings. The government has enacted legislation to increase competition in the market, and while there are now more than three recognized ag ...
... natural barriers to entry associated with the industry.' 8 In 2003, there were only three nationally recognized credit rating agencies: Moody's, S&P, and Fitch Ratings. The government has enacted legislation to increase competition in the market, and while there are now more than three recognized ag ...
IFRS 9 Financial Instruments
... Available-for-sale financial assets: those financial assets that are designated as available-for-sale or are not classified as (i) loans and receivables, (ii) held-to-maturity investments, or (iii) financial assets at fair value through profit or loss. Cash flow hedge: a hedge of the exposure to var ...
... Available-for-sale financial assets: those financial assets that are designated as available-for-sale or are not classified as (i) loans and receivables, (ii) held-to-maturity investments, or (iii) financial assets at fair value through profit or loss. Cash flow hedge: a hedge of the exposure to var ...
Our greatest resOurce can be
... ACC rate case decision ordered the Company to prepare a decoupling study that can be used by the commission when considering future decoupling proposals. The ACC also initiated a separate proceeding during 2008 to study how regulatory and ratemaking incentives can better align customer and utility i ...
... ACC rate case decision ordered the Company to prepare a decoupling study that can be used by the commission when considering future decoupling proposals. The ACC also initiated a separate proceeding during 2008 to study how regulatory and ratemaking incentives can better align customer and utility i ...
STEP - Merrill Lynch
... The STEP Income Securities ® Linked to the Common Stock of Delta Air Lines, Inc., due May , 2017 (the “notes”) are our senior unsecured debt securities. The notes are not guaranteed or insured by the Canada Deposit Insurance Corporation or the FDIC, and are not, either directly or indirectly, an obl ...
... The STEP Income Securities ® Linked to the Common Stock of Delta Air Lines, Inc., due May , 2017 (the “notes”) are our senior unsecured debt securities. The notes are not guaranteed or insured by the Canada Deposit Insurance Corporation or the FDIC, and are not, either directly or indirectly, an obl ...
Terms - Finance
... If you buy these in a company you don’t become a shareholder and get no cut out of profit and no say in how the company is run. You would get an interest rate on the money you have loaned plus a guarantee about when the money will be repaid…you can always sell these at an exchange if you want the mo ...
... If you buy these in a company you don’t become a shareholder and get no cut out of profit and no say in how the company is run. You would get an interest rate on the money you have loaned plus a guarantee about when the money will be repaid…you can always sell these at an exchange if you want the mo ...
- PuneICAI
... Banks are advised that as soon as an account is reported by any of the lenders to CRILC as SMA-2, they should mandatorily form a committee to be called JLF if the aggregate exposure (AE) of lenders in that account is Rs. 1000 million & above. Lenders also have the option of forming a JLF even when t ...
... Banks are advised that as soon as an account is reported by any of the lenders to CRILC as SMA-2, they should mandatorily form a committee to be called JLF if the aggregate exposure (AE) of lenders in that account is Rs. 1000 million & above. Lenders also have the option of forming a JLF even when t ...
Bubbles, Financial Crises, and Systemic Risk
... economy that was affected by a bubble and spread the effects to other parts of the economy. Amplification mechanisms that arise during financial crises can either be direct (caused by direct contractual links) or indirect (caused by spillovers or externalities that are due to common exposures or th ...
... economy that was affected by a bubble and spread the effects to other parts of the economy. Amplification mechanisms that arise during financial crises can either be direct (caused by direct contractual links) or indirect (caused by spillovers or externalities that are due to common exposures or th ...
How Can the Poorest Countries Catch Up?
... prevented poor countries from achieving sustained growth. There is no single formula for kick-starting growth, and it is more likely that the explanation for the unsatisfactory performance of many developing countries lies in the interplay of economic and political factors that vary by country. Neve ...
... prevented poor countries from achieving sustained growth. There is no single formula for kick-starting growth, and it is more likely that the explanation for the unsatisfactory performance of many developing countries lies in the interplay of economic and political factors that vary by country. Neve ...
GERMAN AMERICAN BANCORP, INC. (Form: 10-K
... The Company is subject to regulation and supervision by the Board of Governors of the Federal Reserve System (“FRB”) under the Bank Holding Company Act of 1956, as amended (“BHC Act”), and is required to file with the FRB annual reports and such additional information as the FRB may require. The FRB ...
... The Company is subject to regulation and supervision by the Board of Governors of the Federal Reserve System (“FRB”) under the Bank Holding Company Act of 1956, as amended (“BHC Act”), and is required to file with the FRB annual reports and such additional information as the FRB may require. The FRB ...
Empirical Determinants and Patterns of Research and Development
... 1980s, much emphasis has been placed on the role of technological progress in sustaining economic growth in the region. Research and development (R&D) investment, the vital force behind innovation, was naturally cast as the main driver of future (high) Asian growth. A number of Asian economies appea ...
... 1980s, much emphasis has been placed on the role of technological progress in sustaining economic growth in the region. Research and development (R&D) investment, the vital force behind innovation, was naturally cast as the main driver of future (high) Asian growth. A number of Asian economies appea ...
