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Barbados National Oil Company Limited 2013
Barbados National Oil Company Limited 2013

... This successful partnership allowed the Company to increase its production from approximately 630 barrels of oil a day to approximately 1,700 barrels of oil per day (BOPD), with a corresponding increase in natural gas to approximately 1,200 MCF per day. However, while the production of natural gas r ...
Anno Stolper: The Appeal of Risky Assets
Anno Stolper: The Appeal of Risky Assets

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... reporting would be a significant help to managers, investors and other interested parties. There is a growing demand, strongly supported by Brand Finance plc, that it is time for a new form of financial reporting, whereby Boards should be required to disclose their opinion of the Fair Value of the u ...
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... 2009; Johnson, et al. 2002; Leuz and Wysocki 2016). On the costs side, others point out the difficulties of ensuring effective enforcement and the potential for regulatory capture (e.g., Stigler 1971; Posner 1974; Peltzman 1976; and Becker 1983). Ultimately, as illustrated by Djankov et al. (2003), ...
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... bonds were issued in paper format and thus were liable to forgery and theft. The non-electronic format of bonds proved to be complicated for trading and clearing procedures as well. Finally, the law was financially based on GDP growth levels that were unattainable at that time. This ambitious but un ...
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... several outlets to receive the price. These outlets can range from the World Wide Web to newspapers. The format of the price reports may differ, but all outlets generally provide similar information. For instance, all sources provide the contract month and year, opening price, high and low price rec ...
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... the period in which the revenue is earned (e.g., SG&A is a period cost). Also called period expense. PERIODICITY CONCEPT is the concept that each accounting period has an economic activity associated with it, and that the activity can be measured, accounted for, and reported upon. PERIODIC VALUATION ...
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Economic choices and consequences

... those resources more efficiently, can enjoy relatively better levels of physical wellbeing because they can produce more things. They can usually avoid starvation and disease; they can anticipate a longer life expectancy, and can enjoy better levels of nutrition, healthcare, education, transport and ...
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Managing Capital Flows in Asia: An Overview of Key Issues

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The Democratization of Credit and the Rise in Consumer Bankruptcies

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... amount of fixed cost associated with that borrowed money. Such fixed cost associated with the borrowed money is the cost of debt which is generally called interest amount. Padron and Santana (2005) assert that if firm borrows more money from its creditors then the firm has to pay more amount of cost ...
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... because individual agents fail to internalize the effect their own borrowing decisions have on the country’s aggregate credit conditions. Overborrowing, it is argued, makes emerging countries prone to balance-of-payments crises, or sudden stops, and calls for government policy aimed at putting sand ...
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... 3. What are the implications of the “clientele effect” for those who set the firm’s dividend policy? A dividend change, cet. par., is unlikely to attract additional investors. 4. What are the implications of the “clientele effect” for those who set the firm’s dividend policy? If all dividend cliente ...
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The Term Structure of Interest Rates

... • 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, but by the late 1970s, recession, inflation, and government regulations once again expanded the work of rating agenc ...
Quarterly Bulletin May 1995
Quarterly Bulletin May 1995

... to bond yields may not represent true market expectations. There are two main factors that may cause the implied forward rates to differ from pure expectations. The first is the existence of risk or liquidity premia. Some bonds may have particular characteristics, such as price volatility or a lack ...
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Financial economics

Financial economics is the branch of economics characterized by a ""concentration on monetary activities"", in which ""money of one type or another is likely to appear on both sides of a trade"". Its concern is thus the interrelation of financial variables, such as prices, interest rates and shares, as opposed to those concerning the real economy. It has two main areas of focus: asset pricing (or ""investment theory"") and corporate finance; the first being the perspective of providers of capital and the second of users of capital.The subject is concerned with ""the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment"". It therefore centers on decision making under uncertainty in the context of the financial markets, and the resultant economic and financial models and principles, and is concerned with deriving testable or policy implications from acceptable assumptions. It is built on the foundations of microeconomics and decision theory.Financial econometrics is the branch of financial economics that uses econometric techniques to parameterise these relationships. Mathematical finance is related in that it will derive and extend the mathematical or numerical models suggested by financial economics. Note though that the emphasis there is mathematical consistency, as opposed to compatibility with economic theory.Financial economics is usually taught at the postgraduate level; see Master of Financial Economics. Recently, specialist undergraduate degrees are offered in the discipline.Note that this article provides an overview and survey of the field: for derivations and more technical discussion, see the specific articles linked.
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