Annual and Sustainability Report 2016
... quality. In this way we will continue generating social value through the delivery of finance. In addition, in line with our strategy, we seek to integrate increasingly more clients to which we can provide appropriate solutions, fulfilling our sense of purpose of working for financial inclusion. We ...
... quality. In this way we will continue generating social value through the delivery of finance. In addition, in line with our strategy, we seek to integrate increasingly more clients to which we can provide appropriate solutions, fulfilling our sense of purpose of working for financial inclusion. We ...
1 - Member and Committee Information
... and our peers. The policy of being overweight in Equities, particularly in Asia Pacific ex-Japan, underweight in Property and Alternatives, particularly Private Equity, and holding a higher weighting in cash, negatively affected the Fund. The Fund has a mix of investments which differs vastly from t ...
... and our peers. The policy of being overweight in Equities, particularly in Asia Pacific ex-Japan, underweight in Property and Alternatives, particularly Private Equity, and holding a higher weighting in cash, negatively affected the Fund. The Fund has a mix of investments which differs vastly from t ...
NBER WORKING PAPER SERIES BACKWARD-LOOKING INTEREST-RATE RULES, INTEREST-RATE SMOOTHING, AND MACROECONOMIC INSTABILITY
... unique equilibrium and are, in addition, capable of implementing the optimal real allocation. The policy recommendation of including lagged interest rates in the rule with a coefficient greater than one has been derived in the context of linear of linearized models. As a result these studies limit a ...
... unique equilibrium and are, in addition, capable of implementing the optimal real allocation. The policy recommendation of including lagged interest rates in the rule with a coefficient greater than one has been derived in the context of linear of linearized models. As a result these studies limit a ...
THE MIRAGE OF TRIANGULAR ARBITRAGE IN THE SPOT
... data. In [1], Aiba et al. investigate triangular arbitrage using quote data provided by information companies, for the set of exchange rates {EUR/USD, USD/JPY, EUR/JPY}, over a roughly eight week period in 1999. They find that, over the studied period, arbitrage opportunities appear to exist about 6 ...
... data. In [1], Aiba et al. investigate triangular arbitrage using quote data provided by information companies, for the set of exchange rates {EUR/USD, USD/JPY, EUR/JPY}, over a roughly eight week period in 1999. They find that, over the studied period, arbitrage opportunities appear to exist about 6 ...
Market Demand and Elasticity
... All of the estimated price elasticities are less than zero as predicted by a negatively sloped demand curve. Most of the price elasticity estimates are inelastic. ...
... All of the estimated price elasticities are less than zero as predicted by a negatively sloped demand curve. Most of the price elasticity estimates are inelastic. ...
ratios
... Profit and loss account (indebtedness from profit and loss account) Times interest earned Debt factor Coverage level II– liquidity vs solvency ...
... Profit and loss account (indebtedness from profit and loss account) Times interest earned Debt factor Coverage level II– liquidity vs solvency ...
The Russell 2000® Index in a rising interest rate
... Russell 2000 sector performance during rate hike periods: No clear pattern of winners and losers Wanting an even more complete picture of how rising interest rates might impact small caps, we also looked at how the sectors that make up the Russell 2000 performed – see Table 2. Using the same most r ...
... Russell 2000 sector performance during rate hike periods: No clear pattern of winners and losers Wanting an even more complete picture of how rising interest rates might impact small caps, we also looked at how the sectors that make up the Russell 2000 performed – see Table 2. Using the same most r ...
Basics and Problems - Ace MBAe Finance Specialization
... Receivables Turnover In addition to examining total liquid assets relative to near-term liabilities, it is useful to analyze the quality (liquidity) of the accounts receivable. One way to do this is to calculate how often the firm’s receivables turnover, which implies an average collection period. T ...
... Receivables Turnover In addition to examining total liquid assets relative to near-term liabilities, it is useful to analyze the quality (liquidity) of the accounts receivable. One way to do this is to calculate how often the firm’s receivables turnover, which implies an average collection period. T ...
Fair Value Measurement and Application
... principal market. The fair value also would be measured assuming that general market participants would act in their economic best interest. Fair value would be described as an exit price and would not be adjusted for transaction costs. This proposed Statement would require a government to use valua ...
... principal market. The fair value also would be measured assuming that general market participants would act in their economic best interest. Fair value would be described as an exit price and would not be adjusted for transaction costs. This proposed Statement would require a government to use valua ...
Market Demand and Elasticity
... All of the estimated price elasticities are less than zero as predicted by a negatively sloped demand curve. Most of the price elasticity estimates are inelastic. ...
... All of the estimated price elasticities are less than zero as predicted by a negatively sloped demand curve. Most of the price elasticity estimates are inelastic. ...
Financing the Future: Report of the Italian National
... policy options to take promising developments to scale. It was initiated by the Ministry of Environment together with other Ministries and Public Authorities, and included a series of working groups comprised of leaders in the financial sector and the research community. The dialogue was convened in ...
... policy options to take promising developments to scale. It was initiated by the Ministry of Environment together with other Ministries and Public Authorities, and included a series of working groups comprised of leaders in the financial sector and the research community. The dialogue was convened in ...
Borrower characteristics and mortgage choice in Sweden
... Literature on the impact of loan takers’ tolerance of sudden increases in mortgage costs is scarce. However, a Swedish study by Kulander and Lind (2009) found statistically significant differences between groups that experienced worry and those who felt more secure in their ability to manage their m ...
... Literature on the impact of loan takers’ tolerance of sudden increases in mortgage costs is scarce. However, a Swedish study by Kulander and Lind (2009) found statistically significant differences between groups that experienced worry and those who felt more secure in their ability to manage their m ...
The Environment of Financial Reporting
... Thomson, the Star logo, and South-Western are trademarks used herein under license. ...
... Thomson, the Star logo, and South-Western are trademarks used herein under license. ...
Investor Sentiment and Chinese A
... Therefore, following high investor sentiment, the profits from a long-short strategy will be more and short leg portfolios will mostly provide gains at the same time. We consider the findings of this study to be not only an important supplementary of the Chinese A-share stock market to the existing ...
... Therefore, following high investor sentiment, the profits from a long-short strategy will be more and short leg portfolios will mostly provide gains at the same time. We consider the findings of this study to be not only an important supplementary of the Chinese A-share stock market to the existing ...
Ownership Structure and Performance of the Listed Tunisian
... possible existence of a nonlinear relationship. Non-linearity may be the result of the leaders’ rooting. The study sample of McConnell and Servaes consists of two sub-samples. The first is composed of 1,173 firms with the analysis relating to the year 1976. The second sample includes 1,093 firms and ...
... possible existence of a nonlinear relationship. Non-linearity may be the result of the leaders’ rooting. The study sample of McConnell and Servaes consists of two sub-samples. The first is composed of 1,173 firms with the analysis relating to the year 1976. The second sample includes 1,093 firms and ...
Global Banks and Crisis Transmission
... tween business cycles correlation and financial/banking integration is different in “tranquil” (no financial crisis) times and in times of financial turmoil (crises). For our analysis we use a unique bilateral panel data-set of cross-border banking linkages from the Bank of International Settlements ...
... tween business cycles correlation and financial/banking integration is different in “tranquil” (no financial crisis) times and in times of financial turmoil (crises). For our analysis we use a unique bilateral panel data-set of cross-border banking linkages from the Bank of International Settlements ...
Access to finance, working capital management and company value
... Hill (1983) and Kim and Chung (1990), the joint effects of these individual aspects must be considered, as there are mutual influences between them (e.g., a company's credit policy will affect its sales and, at the same time, its inventory levels and supply of trade credit). Thus, all aspects of the ...
... Hill (1983) and Kim and Chung (1990), the joint effects of these individual aspects must be considered, as there are mutual influences between them (e.g., a company's credit policy will affect its sales and, at the same time, its inventory levels and supply of trade credit). Thus, all aspects of the ...
WHALES: Pricing for Ultra-High Net Worth Clients
... receive substantial discounts are those who conduct a large number of trades or have high average trade size. The data indicate that the number of equity trades, the dollar value of principal trades and average trade size are all relatively weak predictors of discounting. This is to say that a large ...
... receive substantial discounts are those who conduct a large number of trades or have high average trade size. The data indicate that the number of equity trades, the dollar value of principal trades and average trade size are all relatively weak predictors of discounting. This is to say that a large ...
Document
... • “The process of gathering and organizing information and then using it to determine the intrinsic value of a share of common stock.” ...
... • “The process of gathering and organizing information and then using it to determine the intrinsic value of a share of common stock.” ...
Emergency Economic Stabilization Act of 2008
... implementation in the coming days and weeks, there will be both a new President and a new Congress, which means that not only will the Treasury Secretary likely change, but that most of his top advisors and staff may as well. As a result, a settled technical legal analysis of the Act is not possible ...
... implementation in the coming days and weeks, there will be both a new President and a new Congress, which means that not only will the Treasury Secretary likely change, but that most of his top advisors and staff may as well. As a result, a settled technical legal analysis of the Act is not possible ...
Growing NPAs in banks
... function has assumed criticality for banks, as it has direct impact on the profitability and liquidity of their credit portfolios. Credit monitoring can be important for the following reasons: • Dynamic portfolio mix: With changing market conditions, a robust credit monitoring system allows the ban ...
... function has assumed criticality for banks, as it has direct impact on the profitability and liquidity of their credit portfolios. Credit monitoring can be important for the following reasons: • Dynamic portfolio mix: With changing market conditions, a robust credit monitoring system allows the ban ...