The Timing of Asset Sales
... The Singapore standards also differ from Australia and UK standards in some other minor respects. These differences are important to understanding the results and implications of this study, especially for making comparisons with the sample of US firms in Bartov (1993), and for understanding how the ...
... The Singapore standards also differ from Australia and UK standards in some other minor respects. These differences are important to understanding the results and implications of this study, especially for making comparisons with the sample of US firms in Bartov (1993), and for understanding how the ...
equity method of accounting
... Objectives of this lecture • Be aware of how to account for equity investments • Be aware that investments in associates (defined as investees over which the investor has significant influence) must be accounted for by using the equity method of accounting, and know how to apply this method of acco ...
... Objectives of this lecture • Be aware of how to account for equity investments • Be aware that investments in associates (defined as investees over which the investor has significant influence) must be accounted for by using the equity method of accounting, and know how to apply this method of acco ...
Risk Management Lessons from the Credit Crisis
... of risk factors, including volatilities and correlations, could be measured inaccurately. Third, the mapping process, which consists of replacing positions with exposures on the risk factors, could be incorrect. These fall in the broad category of model risk. As an example of the first problem, many ...
... of risk factors, including volatilities and correlations, could be measured inaccurately. Third, the mapping process, which consists of replacing positions with exposures on the risk factors, could be incorrect. These fall in the broad category of model risk. As an example of the first problem, many ...
The Employment Cost of Sovereign Default
... (1981). In the model, firms hire workers subject to matching frictions and borrow from bank intermediaries to pre-finance wages and vacancies. Government debt shows up on banks’ balance sheets and facilitates lending to firms. The government understands that its tax, debt and default decisions affec ...
... (1981). In the model, firms hire workers subject to matching frictions and borrow from bank intermediaries to pre-finance wages and vacancies. Government debt shows up on banks’ balance sheets and facilitates lending to firms. The government understands that its tax, debt and default decisions affec ...
Internal Controls Over Financial Reporting (ICFR)
... Remediation Plans – Control failures occurred, how will they be remediated? Creating an action plan to correct control failures requires (1) understanding the nature of the failure, (2) understanding the risk presented by the control not operating as designed, (3) understanding mitigating controls. ...
... Remediation Plans – Control failures occurred, how will they be remediated? Creating an action plan to correct control failures requires (1) understanding the nature of the failure, (2) understanding the risk presented by the control not operating as designed, (3) understanding mitigating controls. ...
Financial Transaction Tax and Financial Market Stability with
... (1978) p. 158). Or, to put it in other words most traders on financial markets are not interested in long-term investing and do not buy assets by looking at the ’fundamental value’ but participate in a Keynesian beauty contest and hope to make profits by correctly predicting the actions of other tra ...
... (1978) p. 158). Or, to put it in other words most traders on financial markets are not interested in long-term investing and do not buy assets by looking at the ’fundamental value’ but participate in a Keynesian beauty contest and hope to make profits by correctly predicting the actions of other tra ...
AMP Capital Derivatives Risk Statement
... exchange-traded derivatives - standardised contracts traded on securities exchanges; and ...
... exchange-traded derivatives - standardised contracts traded on securities exchanges; and ...
Financial Development and Economic Growth in Bulgaria
... to a firm that officially reports negative or small profits is justified by preparing a favorable “economic potential” valuation for the borrower. The banking sector does not provide a strong incentive for the reduction of tax evasion in the country. Instead of the firms adjusting to the practices ...
... to a firm that officially reports negative or small profits is justified by preparing a favorable “economic potential” valuation for the borrower. The banking sector does not provide a strong incentive for the reduction of tax evasion in the country. Instead of the firms adjusting to the practices ...
Gold, copper and silver production in Azerbaijan
... of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabe ...
... of its production. Copper production doubled to 1,941 tonnes due to a full year of production from the flotation plant. This increased copper production offset the lower level of gold production of 65,394 ounces. The Company is also increasingly focusing on the long term future development of Gedabe ...
JSC Grindeks audited financial statements of 2013.
... In 2013, gross profit margin of the Group was 60%, whereas, net profit margin comprised to 11.3%. Products of the Group, manufactured in 2013, were exported to 59 countries worldwide for the total amount of 112.4 million euros, which is by 1.2 million euros or by 1.1% more than in 2012. In 2013, ret ...
... In 2013, gross profit margin of the Group was 60%, whereas, net profit margin comprised to 11.3%. Products of the Group, manufactured in 2013, were exported to 59 countries worldwide for the total amount of 112.4 million euros, which is by 1.2 million euros or by 1.1% more than in 2012. In 2013, ret ...
Characteristics and Hardships Associated with Bank Account
... at HFS1 and banked at HFS2, is worth noting, even when we consider attrition bias.9 Among participants who were banked at HFS1 but unbanked at HFS2, half indicated at HFS1 that they have incurred overdraft fees and 24% reported that their credit card has been declined. The tendency to view unbanked ...
... at HFS1 and banked at HFS2, is worth noting, even when we consider attrition bias.9 Among participants who were banked at HFS1 but unbanked at HFS2, half indicated at HFS1 that they have incurred overdraft fees and 24% reported that their credit card has been declined. The tendency to view unbanked ...
Explanatory Material
... paragraph 66(2B)(a)]; and • at the time of the acquisition: the member and his or her spouse or former spouse are separated and there is no reasonable likelihood of cohabitation being resumed [Schedule 1, item 2, paragraph 66(2B)(b)]; and • the acquisition occurs because of reasons directly connecte ...
... paragraph 66(2B)(a)]; and • at the time of the acquisition: the member and his or her spouse or former spouse are separated and there is no reasonable likelihood of cohabitation being resumed [Schedule 1, item 2, paragraph 66(2B)(b)]; and • the acquisition occurs because of reasons directly connecte ...
Consolidated financial statements
... 16.1 Income for the period – Equity holders of Air France-KLM per share ........................................ - 43 16.2 Non-dilutive instruments ................................................................................................................... - 43 16.3 Instruments issued after t ...
... 16.1 Income for the period – Equity holders of Air France-KLM per share ........................................ - 43 16.2 Non-dilutive instruments ................................................................................................................... - 43 16.3 Instruments issued after t ...
Futurization of Swaps
... the loan and are hedging against its default by buying the CDS, these buyers lack an “insurable interest,” which insurance regulators require property owners to have to keep from destroying their own homes simply to get the insurance money. Theoretically, any qualified buyer can purchase a CDS for s ...
... the loan and are hedging against its default by buying the CDS, these buyers lack an “insurable interest,” which insurance regulators require property owners to have to keep from destroying their own homes simply to get the insurance money. Theoretically, any qualified buyer can purchase a CDS for s ...
Whistleblowing bankers `ignored` and `victimised`
... the message. Those who raise concerns often find their concerns are ignored, while they are instead individually victimised or even dismissed. “It is now almost 5 years since the collapse of Lehmans and the onset of the financial crisis. What is striking is that in this period, we have not seen a de ...
... the message. Those who raise concerns often find their concerns are ignored, while they are instead individually victimised or even dismissed. “It is now almost 5 years since the collapse of Lehmans and the onset of the financial crisis. What is striking is that in this period, we have not seen a de ...
FY16 Preliminary Results 766KB
... The year in review Precious metal prices, while still volatile, performed well in 2016 and reversed their downward trend spanning several years. Our average realised gold and silver prices rose 10.7% and 10.3% respectively over 2015. The Group’s gold and silver production increased 22.8% and 7.1% re ...
... The year in review Precious metal prices, while still volatile, performed well in 2016 and reversed their downward trend spanning several years. Our average realised gold and silver prices rose 10.7% and 10.3% respectively over 2015. The Group’s gold and silver production increased 22.8% and 7.1% re ...
Demutualization Risks and Credit Unions
... Fixed entitlement of 140 shares plus additional variable allocation of shares according to a formula based on the type, number, size and duration of policies held. likely market price of a share would be between $2.70 and ...
... Fixed entitlement of 140 shares plus additional variable allocation of shares according to a formula based on the type, number, size and duration of policies held. likely market price of a share would be between $2.70 and ...
The Term Structure of the Risk-Return Tradeoff
... but, strictly speaking, is only valid for buy-and-hold investors who make a one-time asset allocation decision and are interested only in the assets available for spending at the end of a particular horizon. In practice, however, few investors can truly be characterized as buy-and-hold. Most investo ...
... but, strictly speaking, is only valid for buy-and-hold investors who make a one-time asset allocation decision and are interested only in the assets available for spending at the end of a particular horizon. In practice, however, few investors can truly be characterized as buy-and-hold. Most investo ...
Chapter 2
... Investors agree that the expected return: for NetCap is 25 percent and for JMart is 20 percent Why would anyone want to hold JMart shares when NetCap is expected to have a higher return? The answer depends on risk Jmart is expected to return 20 percent But the realized return on Jmart could be signi ...
... Investors agree that the expected return: for NetCap is 25 percent and for JMart is 20 percent Why would anyone want to hold JMart shares when NetCap is expected to have a higher return? The answer depends on risk Jmart is expected to return 20 percent But the realized return on Jmart could be signi ...
Prestigious Stock Exchanges - Federal Reserve Bank of New York
... market in recent years (Peristiani 2007; Peristiani and Santos 2008). As for equity markets, the more competitive European and emerging-market stock exchanges have in fact become better able to retain their home base, while at the same time the New York Stock Exchange (NYSE) and the NASDAQ have witn ...
... market in recent years (Peristiani 2007; Peristiani and Santos 2008). As for equity markets, the more competitive European and emerging-market stock exchanges have in fact become better able to retain their home base, while at the same time the New York Stock Exchange (NYSE) and the NASDAQ have witn ...
Future Equity Patterns and Baby Boomer Retirements
... rate at which labor is converted to goods. As expected, all the conversion rates are related and one of the most important consequences is Equation 3, which defines the price of capital as the reciprocal of the conversion rate of saving into future capital. Abel incorporates a rudimentary central So ...
... rate at which labor is converted to goods. As expected, all the conversion rates are related and one of the most important consequences is Equation 3, which defines the price of capital as the reciprocal of the conversion rate of saving into future capital. Abel incorporates a rudimentary central So ...