Six Factors That Explain Executive Pay
... We measure the impact of pay risk on pay level by using percent equity comp to predict pay level. We find that compensation risk is richly rewarded: $8 of equity for each $1 of cash foregone. Company risk is very modestly rewarded: an increase of one standard deviation in stock volatility increases ...
... We measure the impact of pay risk on pay level by using percent equity comp to predict pay level. We find that compensation risk is richly rewarded: $8 of equity for each $1 of cash foregone. Company risk is very modestly rewarded: an increase of one standard deviation in stock volatility increases ...
UnitedHealth Group Second Quarter 2016 Form 10-Q
... Adjustment to adopt ASU 2016-09 . . . Net earnings . . . . . . . . . . . . . . . . . . . . . Other comprehensive income . . . . . . . Issuances of common stock, and related tax effects . . . . . . . . . . . . . . . Share-based compensation . . . . . . . . . Common share repurchases . . . . . . . . . ...
... Adjustment to adopt ASU 2016-09 . . . Net earnings . . . . . . . . . . . . . . . . . . . . . Other comprehensive income . . . . . . . Issuances of common stock, and related tax effects . . . . . . . . . . . . . . . Share-based compensation . . . . . . . . . Common share repurchases . . . . . . . . . ...
AEGON
... Netherlands initiated a program to hedge its interest rate risks in connection with these guarantees. Implementation of this program was completed by the end of 2006. Derivative instruments used to hedge these interest rate risks are carried at fair value. Any changes in the fair value are recognize ...
... Netherlands initiated a program to hedge its interest rate risks in connection with these guarantees. Implementation of this program was completed by the end of 2006. Derivative instruments used to hedge these interest rate risks are carried at fair value. Any changes in the fair value are recognize ...
Success and Risk Factors in the Pre
... above conceptually explain pre-start-up success, we will not make predictions at the level of the particular variables measured due the lack of previous empirical work in this area. Instead, arguments are given pro and contra the influence of each variable as a success factor in the pre-startup phase ...
... above conceptually explain pre-start-up success, we will not make predictions at the level of the particular variables measured due the lack of previous empirical work in this area. Instead, arguments are given pro and contra the influence of each variable as a success factor in the pre-startup phase ...
Climate Change Scenarios
... Each of these factors is a key consideration into future asset performance: 1. Technology investments could accumulate to $5 trillion by 2030: The private sector response to the transformation taking place around changing environmental conditions, new technology and policy measures will (and is) pro ...
... Each of these factors is a key consideration into future asset performance: 1. Technology investments could accumulate to $5 trillion by 2030: The private sector response to the transformation taking place around changing environmental conditions, new technology and policy measures will (and is) pro ...
Appendix B.4: Banking Contagion Index results
... depositors; have a significant role in the payment system. In fact, they are often referred to as “too big to fail”(TBTF). On first sight it is logical for governments to bail-out the larger banks, however, a more thorough look brings up some negative side effects of this unwritten rule. For example ...
... depositors; have a significant role in the payment system. In fact, they are often referred to as “too big to fail”(TBTF). On first sight it is logical for governments to bail-out the larger banks, however, a more thorough look brings up some negative side effects of this unwritten rule. For example ...
Notes to Consolidated Financial Statements
... gains and losses in our operating results, noting that it is generally preferable to accelerate the recognition of deferred gains and losses into income rather than to delay such recognition. This change will improve transparency in our operating results by more quickly recognizing the effects of ec ...
... gains and losses in our operating results, noting that it is generally preferable to accelerate the recognition of deferred gains and losses into income rather than to delay such recognition. This change will improve transparency in our operating results by more quickly recognizing the effects of ec ...
Table A1: Resolution of Finance Distress, Sample
... reorganization; whereas greater asset size, higher leverage, increased free cash flow, more intangibles to total assets, longer time debt outstanding or a prepackaged bankruptcy decreases this probability. ...
... reorganization; whereas greater asset size, higher leverage, increased free cash flow, more intangibles to total assets, longer time debt outstanding or a prepackaged bankruptcy decreases this probability. ...
Banking and Money Markets - NYU Stern School of Business
... Value-based management drives our performance targets and incentives. We have set ambitious short and medium-term financial and operating targets and, to help meet these, have aligned the interests of management and employees with those of our shareholders and customers. Our incentive systems are li ...
... Value-based management drives our performance targets and incentives. We have set ambitious short and medium-term financial and operating targets and, to help meet these, have aligned the interests of management and employees with those of our shareholders and customers. Our incentive systems are li ...
Vale SA (Form: 6-K, Received: 10/24/2012 17:26:31)
... We have reviewed the accompanying balance sheet of Vale S.A. (the “Company”) as of September 30, 2012 and the related statements of income and comprehensive income for the quarter and nine-month periods then ended, and the statements of changes in equity and cash flows for the nine-month period then ...
... We have reviewed the accompanying balance sheet of Vale S.A. (the “Company”) as of September 30, 2012 and the related statements of income and comprehensive income for the quarter and nine-month periods then ended, and the statements of changes in equity and cash flows for the nine-month period then ...
Institutional Ownership and Credit Spreads: An Information
... Recent literature has examined whether firms attracting more institutional investors on the equity side also tend to have lower cost of debt capital. For example, Ashbaugh, Collins, and LaFond (2006) and Bhojraj and Sengupta (BS, 2003) find the higher the total institutional equity ownership (IO), t ...
... Recent literature has examined whether firms attracting more institutional investors on the equity side also tend to have lower cost of debt capital. For example, Ashbaugh, Collins, and LaFond (2006) and Bhojraj and Sengupta (BS, 2003) find the higher the total institutional equity ownership (IO), t ...
Risk and Valuation of Collateral Debt Obligations
... is designed to remove loans from the balance sheets of banks, achieving capital relief, and perhaps also increasing the valuation of the assets through an increase in liquidity.1 An arbitrage CDO, often underwritten by an investment bank, is designed to capture some fraction of the likely differenc ...
... is designed to remove loans from the balance sheets of banks, achieving capital relief, and perhaps also increasing the valuation of the assets through an increase in liquidity.1 An arbitrage CDO, often underwritten by an investment bank, is designed to capture some fraction of the likely differenc ...
AMBICOM HOLDINGS, INC
... Intangible Assets – Developed technology and trade names were acquired as part of the Veloxum transaction in May 2014. Acquisition related intangibles are amortized over their estimated useful lives based on expected future benefit. A long-lived asset or asset group that is held and used should be r ...
... Intangible Assets – Developed technology and trade names were acquired as part of the Veloxum transaction in May 2014. Acquisition related intangibles are amortized over their estimated useful lives based on expected future benefit. A long-lived asset or asset group that is held and used should be r ...
FinanCE - Ellen MacArthur Foundation
... downsides of an economy that is based on short product life cycles and which destroys value at the end of a product’s life. This waste is expensive today and unaffordable tomorrow. However, it is hard to change the ingrained way of generating revenue based on the linear take-make-dispose model. Phys ...
... downsides of an economy that is based on short product life cycles and which destroys value at the end of a product’s life. This waste is expensive today and unaffordable tomorrow. However, it is hard to change the ingrained way of generating revenue based on the linear take-make-dispose model. Phys ...
Are Growth and Value Dead?
... 1000 stocks going back to the mid-1980s. They found, for example, that value stocks have generally had estimated future growth rates of 10%, whereas for growth stocks the estimated growth rate has recently accelerated from 20% to 29%. Similar relative improvements on the part of growth stocks were a ...
... 1000 stocks going back to the mid-1980s. They found, for example, that value stocks have generally had estimated future growth rates of 10%, whereas for growth stocks the estimated growth rate has recently accelerated from 20% to 29%. Similar relative improvements on the part of growth stocks were a ...
Uncertainty Shocks in a Model of E↵ective Demand Susanto Basu Brent Bundick ⇤
... in these models, output and employment must fall when consumption and investment both decline. Thus, comovement is restored, and uncertainty shocks cause fluctuations that are consistent with our empirical evidence. Returning to Diamond’s (2010) intuition, simple competitive business-cycle models do ...
... in these models, output and employment must fall when consumption and investment both decline. Thus, comovement is restored, and uncertainty shocks cause fluctuations that are consistent with our empirical evidence. Returning to Diamond’s (2010) intuition, simple competitive business-cycle models do ...
PowerPoint
... “Corporations do not have net worth as this should belong to the final owners of the corporations”: how to distribute it to the HH and Government sector is not mentioned(?): • NFCs often have a negative net worth, because “net assets < market value of equity issued” • This reflects that shareholde ...
... “Corporations do not have net worth as this should belong to the final owners of the corporations”: how to distribute it to the HH and Government sector is not mentioned(?): • NFCs often have a negative net worth, because “net assets < market value of equity issued” • This reflects that shareholde ...
Who Regulates Whom and How? An Overview of U.S. Financial
... to foster economic growth. Financial regulatory policies are of interest to Congress because of the repercussions for individual constituents, the financing of firms and governments, and long-run economic growth. This report provides a framework to help answer the question, “who regulates whom in U. ...
... to foster economic growth. Financial regulatory policies are of interest to Congress because of the repercussions for individual constituents, the financing of firms and governments, and long-run economic growth. This report provides a framework to help answer the question, “who regulates whom in U. ...
Document
... 60. If a security is undervalued, some investors would capitalize from this by purchasing that security. As a result, the security's price will ____, resulting in a ____ return for those investors. a. rise; lower b. fall; higher ...
... 60. If a security is undervalued, some investors would capitalize from this by purchasing that security. As a result, the security's price will ____, resulting in a ____ return for those investors. a. rise; lower b. fall; higher ...
Updating the Discount Rate Used for Benefit-Cost Analysis
... consumption) at the same interest rate, which also equals the rate at which government can borrow and the marginal rate of return on private investment7. Equilibrating supply and demand for loanable funds ensures that these rates are all equal at the margin. This market-clearing interest rate repres ...
... consumption) at the same interest rate, which also equals the rate at which government can borrow and the marginal rate of return on private investment7. Equilibrating supply and demand for loanable funds ensures that these rates are all equal at the margin. This market-clearing interest rate repres ...
