Cooperative Equity and Ownership: An Introduction
... control of that enterprise. Ownership is also linked to what in finance are called “residual claimant rights”, which are rights to a particular share of company net income while operating, or a claim of divided assets if the company is dissolved. In most companies, the more money a person invests, t ...
... control of that enterprise. Ownership is also linked to what in finance are called “residual claimant rights”, which are rights to a particular share of company net income while operating, or a claim of divided assets if the company is dissolved. In most companies, the more money a person invests, t ...
predictions, projections, and precautions: conveying cautionary
... panied by “meaningful cautionary statements” identifying important factors that could cause actual results to differ from the forward-looking statement. Second, the Safe Harbor protects corporations from liability if the forward-looking statement is immaterial. Finally, the corporation is protected ...
... panied by “meaningful cautionary statements” identifying important factors that could cause actual results to differ from the forward-looking statement. Second, the Safe Harbor protects corporations from liability if the forward-looking statement is immaterial. Finally, the corporation is protected ...
Annual Report 2014 - British American Tobacco
... British American Tobacco p.l.c. (No. 3407696) Annual Report 2014 This is the Annual Report of British American Tobacco p.l.c. (the Company) and the British American Tobacco Group, comprising the Strategic Report, Directors’ Report and the audited Financial Statements, for the year ended 31 December ...
... British American Tobacco p.l.c. (No. 3407696) Annual Report 2014 This is the Annual Report of British American Tobacco p.l.c. (the Company) and the British American Tobacco Group, comprising the Strategic Report, Directors’ Report and the audited Financial Statements, for the year ended 31 December ...
Did Stop Signs Stop Investor Trading?
... Group launched a separate market platform, referred to as OTCQX or the “quality controlled marketplace.” To be included on this platform firms must file audited US GAAP financial statements and undergo a qualitative review. Only 13 companies appear on OTCQX as of 2007.3 Because the sample of OTCQX f ...
... Group launched a separate market platform, referred to as OTCQX or the “quality controlled marketplace.” To be included on this platform firms must file audited US GAAP financial statements and undergo a qualitative review. Only 13 companies appear on OTCQX as of 2007.3 Because the sample of OTCQX f ...
Audit Reports and Stock Markets
... indebted to several individuals for their comments, suggestions and support that have benefited this dissertation. First and foremost, I want to express my deepest appreciation to Professor Sami Vähämaa not only for his invaluable guidance and for sharing his expertise on countless occasions, but al ...
... indebted to several individuals for their comments, suggestions and support that have benefited this dissertation. First and foremost, I want to express my deepest appreciation to Professor Sami Vähämaa not only for his invaluable guidance and for sharing his expertise on countless occasions, but al ...
Regulation and Market Liquidity - University of British Columbia
... limits on securities inventory and retained risk and directly affecting inter-dealer trading, the Volcker Rule could have severely limited market liquidity2 . When recently the Congressional debate shifted on the merits of regulatory relief, one of the provisions considered for rolling back within ...
... limits on securities inventory and retained risk and directly affecting inter-dealer trading, the Volcker Rule could have severely limited market liquidity2 . When recently the Congressional debate shifted on the merits of regulatory relief, one of the provisions considered for rolling back within ...
Form ADV Part 2A Nuveen Asset Management, LLC 333 West
... The timing required to fully invest an account depends on multiple factors, including the particular strategy and guidelines; market conditions; availability of desirable securities; the amount of cash versus legacy securities used to fund a new account; and if legacy securities are used, the charac ...
... The timing required to fully invest an account depends on multiple factors, including the particular strategy and guidelines; market conditions; availability of desirable securities; the amount of cash versus legacy securities used to fund a new account; and if legacy securities are used, the charac ...
Here - Connecticut Insurance Law Journal
... Persistently high profits on “insurance” for small value losses sold as an add-on to other products or services (such as extended warranties sold with consumer electronics, loss damage waivers sold with a car rental, and credit life insurance sold with a loan) pose a twofold challenge to the standar ...
... Persistently high profits on “insurance” for small value losses sold as an add-on to other products or services (such as extended warranties sold with consumer electronics, loss damage waivers sold with a car rental, and credit life insurance sold with a loan) pose a twofold challenge to the standar ...
Hedge Funds and Systemic Risk
... Hedge funds are investment pools open to high-net-worth investors and institutions but not to the general public. In part because of this restriction, hedge funds have, until recently, been subject to reduced reporting and oversight regulations. They have also been reluctant to provide even general ...
... Hedge funds are investment pools open to high-net-worth investors and institutions but not to the general public. In part because of this restriction, hedge funds have, until recently, been subject to reduced reporting and oversight regulations. They have also been reluctant to provide even general ...
a GAO NATURAL DISASTERS
... so is voluntary and they may not believe that the risk justifies the expenditure. In addition, some homes may be underinsured—that is, not insured for the full replacement value. GAO estimates that the federal government made about $26 billion available to homeowners who lacked adequate insurance in ...
... so is voluntary and they may not believe that the risk justifies the expenditure. In addition, some homes may be underinsured—that is, not insured for the full replacement value. GAO estimates that the federal government made about $26 billion available to homeowners who lacked adequate insurance in ...
State Auto Financial CORP (Form: 10-K, Received: 03/01
... All statements, other than statements of historical facts, included in this Annual Report on Form 10-K (this “Form 10-K”) of State Auto Financial Corporation (“State Auto Financial” or “STFC”) or incorporated herein by reference, including, without limitation, statements regarding State Auto Financi ...
... All statements, other than statements of historical facts, included in this Annual Report on Form 10-K (this “Form 10-K”) of State Auto Financial Corporation (“State Auto Financial” or “STFC”) or incorporated herein by reference, including, without limitation, statements regarding State Auto Financi ...
Idiosyncratic Risk and the Cross-Section of Stock Returns Ren´
... (1987) and Malkiel and Xu (2002) pricing models relate stock returns to their beta with the market and their beta to market-wide measures of idiosyncratic risk. In these models, an important portion of investors’ portfolios may differ from the market. Their holdings may be affected by corporate comp ...
... (1987) and Malkiel and Xu (2002) pricing models relate stock returns to their beta with the market and their beta to market-wide measures of idiosyncratic risk. In these models, an important portion of investors’ portfolios may differ from the market. Their holdings may be affected by corporate comp ...
NBER WORKING PAPER SERIES AMBIGUITY AVERSION AND HOUSEHOLD PORTFOLIO CHOICE: EMPIRICAL EVIDENCE
... We find evidence consistent with both predictions. Ambiguity aversion is negatively related to foreign stock ownership, but positively related to own-company stock ownership. This pattern holds both in the overall sample, and within the subset of equity holders. The results for equity owners are of ...
... We find evidence consistent with both predictions. Ambiguity aversion is negatively related to foreign stock ownership, but positively related to own-company stock ownership. This pattern holds both in the overall sample, and within the subset of equity holders. The results for equity owners are of ...
Report: Inquiry into Financial Products and Services in Australia
... Terms of Reference On 25 February 2009 the Parliamentary Joint Committee on Corporations and Financial Services resolved to inquire into and report by 23 November 2009 on the issues associated with recent financial product and services provider collapses, such as Storm Financial, Opes Prime and oth ...
... Terms of Reference On 25 February 2009 the Parliamentary Joint Committee on Corporations and Financial Services resolved to inquire into and report by 23 November 2009 on the issues associated with recent financial product and services provider collapses, such as Storm Financial, Opes Prime and oth ...
Prospectus of Zurich Investment Funds ICVC
... about it and to observe any such restrictions. This Prospectus does not constitute an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. The Shares have not been and wil ...
... about it and to observe any such restrictions. This Prospectus does not constitute an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. The Shares have not been and wil ...
Estimating the required return on equity
... on the estimation of the required return on equity under the National Gas Rules (Rules). In particular, we have been asked to provide: a) An assessment of the ERA’s approach to estimating the return on equity set out in the Rate of Return Guidelines, including a critique of the ERA’s reasoning for f ...
... on the estimation of the required return on equity under the National Gas Rules (Rules). In particular, we have been asked to provide: a) An assessment of the ERA’s approach to estimating the return on equity set out in the Rate of Return Guidelines, including a critique of the ERA’s reasoning for f ...
Stock market reaction to CEO certification
... in conveying firm quality to the financial markets in the initial public offering (IPO) context (e.g., Certo, 2003; Certo, Daily, and Dalton, 2001; Cohen and Dean, 2005; Higgins and Gulati, 2003, 2006). It has been argued that, independent of the effect of the executives’ background on their strateg ...
... in conveying firm quality to the financial markets in the initial public offering (IPO) context (e.g., Certo, 2003; Certo, Daily, and Dalton, 2001; Cohen and Dean, 2005; Higgins and Gulati, 2003, 2006). It has been argued that, independent of the effect of the executives’ background on their strateg ...
