Effects of Business Diversification on Asset Risk-Taking
... Risk management is of increasing importance to corporations. Prior theoretical research has posited that risk management can increase value by reducing expected tax liabilities, financial distress costs, the cost of external capital, and agency costs (e.g., Mayers and Smith, 1982). Empirical work al ...
... Risk management is of increasing importance to corporations. Prior theoretical research has posited that risk management can increase value by reducing expected tax liabilities, financial distress costs, the cost of external capital, and agency costs (e.g., Mayers and Smith, 1982). Empirical work al ...
the macerich company - corporate
... estate depreciation and amortization, as the Company believes real estate values fluctuate based on market conditions rather than depreciating in value ratably on a straight-line basis over time. The Company believes that such a presentation also provides investors with a more meaningful measure of ...
... estate depreciation and amortization, as the Company believes real estate values fluctuate based on market conditions rather than depreciating in value ratably on a straight-line basis over time. The Company believes that such a presentation also provides investors with a more meaningful measure of ...
Considering the effects of operating lease capitalization on
... effect in the balance sheets (so that issue is seen as an advantage by some and as an inconvenient for some others), economic effects such as leverage, and compliance costs and complexity derived from implementation. This last issue about complexity seems to be a very recurrent one, often related wi ...
... effect in the balance sheets (so that issue is seen as an advantage by some and as an inconvenient for some others), economic effects such as leverage, and compliance costs and complexity derived from implementation. This last issue about complexity seems to be a very recurrent one, often related wi ...
mohawk industries, inc. - corporate
... Company's brands are among the most recognized in the industry and include American Olean ®, Bigelow®, Daltile®, Durkan ®, IVC ™, Karastan ®, Lees®, Marazzi ®, Mohawk ®, Pergo ®, Quick-Step ® and Unilin ®. The Company has transformed its business from an American carpet manufacturer into the world's ...
... Company's brands are among the most recognized in the industry and include American Olean ®, Bigelow®, Daltile®, Durkan ®, IVC ™, Karastan ®, Lees®, Marazzi ®, Mohawk ®, Pergo ®, Quick-Step ® and Unilin ®. The Company has transformed its business from an American carpet manufacturer into the world's ...
The Risk-Free Rate`s Impact on Stock Returns with Representative
... However, the consumption-based model has not performed well in explaining empirical returns. One possible explanation for this is flawed consumption data. Therefore, various pricing models have been developed that use a factor to represent marginal utility growth of consumption. The most famous fact ...
... However, the consumption-based model has not performed well in explaining empirical returns. One possible explanation for this is flawed consumption data. Therefore, various pricing models have been developed that use a factor to represent marginal utility growth of consumption. The most famous fact ...
Westfield Form ADV Part 2A - Westfield Capital Management
... As of December 31, 2016, Westfield had $11.8 billion in discretionary assets under management and no non-discretionary assets under advisement. Westfield supervises mainly domestic growth equities, with investment strategies – also known as products – focusing on each segment of the capitalization s ...
... As of December 31, 2016, Westfield had $11.8 billion in discretionary assets under management and no non-discretionary assets under advisement. Westfield supervises mainly domestic growth equities, with investment strategies – also known as products – focusing on each segment of the capitalization s ...
FORM 20-F Annual Report 2016
... be adversely affected. In that event, the trading prices of our shares could decline, and you may lose all or part of your investment. In addition to the risks listed below, risks not currently known to us or that we now deem immaterial may also harm us and affect your investment. Our business may b ...
... be adversely affected. In that event, the trading prices of our shares could decline, and you may lose all or part of your investment. In addition to the risks listed below, risks not currently known to us or that we now deem immaterial may also harm us and affect your investment. Our business may b ...
Form 10-Q - T-Mobile Investor Relations
... In July 2015, T-Mobile entered into an agreement with Verizon Communications Inc. (“Verizon”) for the acquisition of AWS and Personal Communications Service (“PCS”) spectrum licenses for the exchange of certain AWS and PCS spectrum licenses. Spectrum licenses to be transferred are classified as asse ...
... In July 2015, T-Mobile entered into an agreement with Verizon Communications Inc. (“Verizon”) for the acquisition of AWS and Personal Communications Service (“PCS”) spectrum licenses for the exchange of certain AWS and PCS spectrum licenses. Spectrum licenses to be transferred are classified as asse ...
Intermediate Accounting
... What are the Characteristics of Property, Plant, And Equipment? (Slide 1 of 3) • Property, plant, and equipment (alternatively called plant assets, fixed assets, or operational assets) are the tangible noncurrent assets that a company uses in the normal operations of its business. • To be included ...
... What are the Characteristics of Property, Plant, And Equipment? (Slide 1 of 3) • Property, plant, and equipment (alternatively called plant assets, fixed assets, or operational assets) are the tangible noncurrent assets that a company uses in the normal operations of its business. • To be included ...
Leverage, Balance Sheet Size and Wholesale Funding
... Finally, we find that lagged banking-sector leverage procyclicality forecasts equity market volatility. While this effect is positive and significant during the pre-crisis period, it is insignificant during the crisis period. We interpret this result as the ability for banking-sector leverage procyc ...
... Finally, we find that lagged banking-sector leverage procyclicality forecasts equity market volatility. While this effect is positive and significant during the pre-crisis period, it is insignificant during the crisis period. We interpret this result as the ability for banking-sector leverage procyc ...
GenOn Energy, Inc. (Form: DEFA14A, Received: 11
... involve estimates, expectations, projections, goals, assumptions, known and unknown risks and uncertainties and can typically be identified by terminology such as "may," "will," "should," "could," "objective," "projection," "forecast," "goal," "guidance," "outlook," "expect," "intend," "seek," "plan ...
... involve estimates, expectations, projections, goals, assumptions, known and unknown risks and uncertainties and can typically be identified by terminology such as "may," "will," "should," "could," "objective," "projection," "forecast," "goal," "guidance," "outlook," "expect," "intend," "seek," "plan ...
Financial review Capital and risk management
... Certain sections in this document contain ‘forward-looking statements’ as that term is defined in the United States Private Securities Litigation Reform Act of 1995, such as statements that include the words ‘expect’, ‘estimate’, ‘project’, ‘anticipate’, ‘commit’, ‘believe’, ‘should’, ‘intend’, ‘pla ...
... Certain sections in this document contain ‘forward-looking statements’ as that term is defined in the United States Private Securities Litigation Reform Act of 1995, such as statements that include the words ‘expect’, ‘estimate’, ‘project’, ‘anticipate’, ‘commit’, ‘believe’, ‘should’, ‘intend’, ‘pla ...
Stronger Risk Controls, Lower Risk: Evidence from US Bank Holding
... risks (Acharya et al. (2009)). The increasing complexity of modern-day banking institutions also makes it difficult to measure risk and to communicate risk objectives to business segments in easily quantifiable terms. As Stulz (2008) notes, once risk management moves away from established quantitati ...
... risks (Acharya et al. (2009)). The increasing complexity of modern-day banking institutions also makes it difficult to measure risk and to communicate risk objectives to business segments in easily quantifiable terms. As Stulz (2008) notes, once risk management moves away from established quantitati ...
Expected Returns on Major Asset Classes
... Expected returns are arguably the most important input into investment decisions. Many investors determine their expectations for returns on investments in highly subjective ways, based on discretionary views. More objective predictions are anchored on historical experience, financial theories, and ...
... Expected returns are arguably the most important input into investment decisions. Many investors determine their expectations for returns on investments in highly subjective ways, based on discretionary views. More objective predictions are anchored on historical experience, financial theories, and ...
Taste, information, and asset prices: Implications for the valuation of
... necessarily investors and, as such, they do not model a capital market or pricing mechanism explicitly. In contrast, we focus on a capital market setting with symmetric information to show how information a¤ects returns and share holdings when some investors, while rational, gain utility from CSR (e ...
... necessarily investors and, as such, they do not model a capital market or pricing mechanism explicitly. In contrast, we focus on a capital market setting with symmetric information to show how information a¤ects returns and share holdings when some investors, while rational, gain utility from CSR (e ...
Submission 15 attachment - Maritime Super
... Infrastructure Debt Authority (IDA). We propose that the IDA sources relatively low cost capital from the superannuation funds with an institutional minimum investment of $25million AUD. In return the investors are provided with a relatively stable source of income for their long-term (25 year) inve ...
... Infrastructure Debt Authority (IDA). We propose that the IDA sources relatively low cost capital from the superannuation funds with an institutional minimum investment of $25million AUD. In return the investors are provided with a relatively stable source of income for their long-term (25 year) inve ...
