Annual Report
... On the domestic market in Zeeland, we have begun integrating our retail products, building on the unique position of our energy and multimedia products. Our aim is to offer consumers a comfortable home, served by a single provider. An offering that is unique. What consumers want now more than ever i ...
... On the domestic market in Zeeland, we have begun integrating our retail products, building on the unique position of our energy and multimedia products. Our aim is to offer consumers a comfortable home, served by a single provider. An offering that is unique. What consumers want now more than ever i ...
Inflation Risk and Real Return
... so over sufficiently long time periods the relatively high expected returns of equities mean investors can expect to grow assets after inflation. Over short time horizons, though, equities may suffer from inflation shocks. Over long horizons, we expect that most, but not all, of an inflation increas ...
... so over sufficiently long time periods the relatively high expected returns of equities mean investors can expect to grow assets after inflation. Over short time horizons, though, equities may suffer from inflation shocks. Over long horizons, we expect that most, but not all, of an inflation increas ...
Group Consolidated Financial Statements 2016 (IFRS)
... Other operating result ............................................................................................................................................................ 134 10. Taxes on income .............................................................................................. ...
... Other operating result ............................................................................................................................................................ 134 10. Taxes on income .............................................................................................. ...
Adding New Dimensions
... Forward Looking Statements Certain statements in this Annual Report relating to the Company’s future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. ...
... Forward Looking Statements Certain statements in this Annual Report relating to the Company’s future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. ...
The Essays of Warren Buffett: Lessons for
... increasing numbers every year. Unlike what happens at most annual shareholder meetings, a sustained and productive dialogue on business issues results. Besides the owner-orientation reflected in Buffett's disclosure practice and the owner-related business principles summarized above, the next manage ...
... increasing numbers every year. Unlike what happens at most annual shareholder meetings, a sustained and productive dialogue on business issues results. Besides the owner-orientation reflected in Buffett's disclosure practice and the owner-related business principles summarized above, the next manage ...
The Size and Specialization of Direct Investment Portfolios
... enhances productivity.1 Specialist investors are able to derive more value from their investments, either because they can pick the best projects or because they can develop projects most effectively. Thus, if there are decreasing returns to the scale of activity, specialist investors are expected t ...
... enhances productivity.1 Specialist investors are able to derive more value from their investments, either because they can pick the best projects or because they can develop projects most effectively. Thus, if there are decreasing returns to the scale of activity, specialist investors are expected t ...
China National Materials Company Limited
... businesses. The Company possesses series of core technologies such as glass fiber, composite materials, synthetic crystals, advanced ceramics and new dry process cement technology, with pioneering research and development capabilities, strong implementation capability for commercialisation of innova ...
... businesses. The Company possesses series of core technologies such as glass fiber, composite materials, synthetic crystals, advanced ceramics and new dry process cement technology, with pioneering research and development capabilities, strong implementation capability for commercialisation of innova ...
How Do Mergers Create Value? A Comparison of Taxes, Market
... merger. Our tests reveal that Value Line forecasts accord well with realized cash flows, and thus provide useful estimates of expected synergies at the time of the merger. In addition, they provide detailed cash flow data since the forecasts include variables such as revenues, operating margin, debt, ...
... merger. Our tests reveal that Value Line forecasts accord well with realized cash flows, and thus provide useful estimates of expected synergies at the time of the merger. In addition, they provide detailed cash flow data since the forecasts include variables such as revenues, operating margin, debt, ...
Aims and purpose of the Fund
... to the Committee. Employers may also choose to fund using a discount rate in line with the Fund’s termination policy (see below) if they so choose. The demographic assumptions are based on the Fund Actuary’s bespoke analysis for the Fund, also taking into account the experience of the wider LGPS whe ...
... to the Committee. Employers may also choose to fund using a discount rate in line with the Fund’s termination policy (see below) if they so choose. The demographic assumptions are based on the Fund Actuary’s bespoke analysis for the Fund, also taking into account the experience of the wider LGPS whe ...
Market Power and Inequality - Harvard Law and Policy Review
... govern most forms of business conduct. This elastic standard has crippled plaintiffs’ attempts to challenge illegal behavior and has permitted large corporations to engage in anticompetitive conduct. The Reagan administration’s overturning of antitrust has had sweeping effects. But antitrust laws ca ...
... govern most forms of business conduct. This elastic standard has crippled plaintiffs’ attempts to challenge illegal behavior and has permitted large corporations to engage in anticompetitive conduct. The Reagan administration’s overturning of antitrust has had sweeping effects. But antitrust laws ca ...
MyNorth PIMCO Diversified Fixed Interest Fund PDS
... The Fund’s risk band and risk label are based on an estimation that the number of negative annual returns over any 20 year period would be within the range of 1 to less than 2. Information about the methodology used for calculating the risk level can be obtained by contacting us. This summary is not ...
... The Fund’s risk band and risk label are based on an estimation that the number of negative annual returns over any 20 year period would be within the range of 1 to less than 2. Information about the methodology used for calculating the risk level can be obtained by contacting us. This summary is not ...
Prospectus of Zurich Investment Funds ICVC
... representations in connection with the offering of Shares other than those contained in this Prospectus and, if given or made, such information or representations must not be relied upon as having been made by the Company or the ACD. The delivery of this Prospectus (whether or not accompanied by any ...
... representations in connection with the offering of Shares other than those contained in this Prospectus and, if given or made, such information or representations must not be relied upon as having been made by the Company or the ACD. The delivery of this Prospectus (whether or not accompanied by any ...
Template - ESRI Working Papers
... The Bureau du Plan in Belgium use the HERMES model for Belgium that was originally developed as part of the joint EU funded project. In the mid-1990s a smaller version of HERMES, HERMIN, was developed specifically to examine the impact of EU structural fund investment in cohesion countries (Bradley, ...
... The Bureau du Plan in Belgium use the HERMES model for Belgium that was originally developed as part of the joint EU funded project. In the mid-1990s a smaller version of HERMES, HERMIN, was developed specifically to examine the impact of EU structural fund investment in cohesion countries (Bradley, ...
Risk Management and Value Creation in Financial Institutions
... Second, the book agrees in principal with what other publications find are the correct building blocks on which risk-management decisions in banks should be based in such a world, namely economic capital and RAROC (risk-adjusted return on [economic] capital). It also explains, that in the circumstan ...
... Second, the book agrees in principal with what other publications find are the correct building blocks on which risk-management decisions in banks should be based in such a world, namely economic capital and RAROC (risk-adjusted return on [economic] capital). It also explains, that in the circumstan ...
Outside Liquidity, Rollover Risk, and Government Bonds
... explanations for why incomplete financial markets and financial frictions give rise to a demand for liquidity, and for government securities as means to provide such liquidity. Government bonds may be valuable to investors as a simple medium of transfer across time, e.g., to enhance risk-sharing (se ...
... explanations for why incomplete financial markets and financial frictions give rise to a demand for liquidity, and for government securities as means to provide such liquidity. Government bonds may be valuable to investors as a simple medium of transfer across time, e.g., to enhance risk-sharing (se ...
an empirical assessment of corporate transparency in zimbabwe
... analysis of a company’s actions, its economic fundamentals and the nonfinancial aspects pertinent to that business. It states that transparency is a measure of how good management is at making necessary information available in a candid, accurate, and timely manner. Corporate disclosure thus becomes ...
... analysis of a company’s actions, its economic fundamentals and the nonfinancial aspects pertinent to that business. It states that transparency is a measure of how good management is at making necessary information available in a candid, accurate, and timely manner. Corporate disclosure thus becomes ...
Dividend Policy - McGraw Hill Higher Education
... corporate rate, then the investor will have excess tax credits which can be used to reduce tax on other income, or refunded if they cannot be used. ...
... corporate rate, then the investor will have excess tax credits which can be used to reduce tax on other income, or refunded if they cannot be used. ...
NBER WORKING PAPER SERIES Sergey Iskoz Jiang Wang
... Information Identification without A Risk Model However, in this example, we do not need a risk model to identify the informed manager. In fact, simply by looking at the distribution of P&L, we should be able to tell who the informed manager is. Figure 2 shows the unconditional distribution of the P& ...
... Information Identification without A Risk Model However, in this example, we do not need a risk model to identify the informed manager. In fact, simply by looking at the distribution of P&L, we should be able to tell who the informed manager is. Figure 2 shows the unconditional distribution of the P& ...
AZZ INC (Form: 10-K, Received: 04/22/2015 08:07:01)
... harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comp ...
... harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comp ...