... in the education variables, only the direct effects of the years of schooling of the head of the household, the years of schooling of the money manager and the average schooling of the heads of ... Sixty-eight percent of the banks in the Northeast and 81% of the banks in the Central region make loans, while only 35% of the banks in the Northeast and 53% of the banks in the Central region offer savings ... savings and lending services In the Northeast, only 17% of the banks offer savings and lending In the Central region, 40% of the banks offer both savings and lending services In the Northeast, the...
Ngày tải lên: 06/03/2014, 10:20
... 186 and 165 companies were listed Bankrupt companies and IPOs over the period 1989±94 were included until the year of bankruptcy and from the year of ¯oatation About 40% of the Belgian listed companies ... reports and from the database of Central Depository of Balance Sheets at the National Bank of Belgium 3.1.4 Data on the board of directors and the management committee The database of the National ... high fraction of non-executives on the board and the separation of the functions of CEO and (non-executive) chairman increases the turnover of executive directors of underperforming companies Weisbach...
Ngày tải lên: 02/01/2015, 17:34
Universal Banking and the Financing of Industrial Development
... even if the presentationsare less than fully Polished .The papers carry the names of the authors and sbould be used and citeciaccordingly Thefindings, interpretations, and conclusionsare the authors' ... GerardCaprio,Jr and DimitriVittas The authorwishesto thank the participantsat that seminarandthe editorsfor theircomments Table of Contents Measuringthe AllocativeEfficiencyof the FinancialSystem ... ITounlderstandhow unit bankinigprevented the development of universal banking and raised the costs of investineit banking, it is useful to review the operation of the German universal banking system and...
Ngày tải lên: 22/04/2016, 07:54
Accounting Information, Disclosure, and the Cost of Capital doc
... shows that the cost of capital of the firm depends on four factors: the risk free rate, the aggregate risk tolerance of the market, the expected cash flow of the firm, and the covariance of the firm’s ... increases the variance and covariances, which increases the cost of capital The equilibrium is then the net of these two effects In our example, the overall effect decreases the cost of capital. 22 ... proportionately Therefore, there was no affect on the beta coefficient of returns, which is the ratio of the covariance of the firm’s return to the market divided by the variance of the market return,...
Ngày tải lên: 06/03/2014, 21:20
the relationship between corporate culture and the use of management accounting innovations in vietnamese companies a study of techcombank
... Vietnamese companies, a case study of Techcombank The objective of the research is to access the understanding of Techcombank’s managers and accountants about the influence of corporate culture on the ... Another finding of the survey is the opinions of asked accountants and managers about the practice of four initiative methods of the application of managerial accounting in Techcombank The consequences ... increasing trust of its staff, customers and the society Because of this reason, the research focuses on understanding the value of the corporate culture, in particular, understanding the relationship...
Ngày tải lên: 13/03/2014, 14:20
the relationship between corporate social responsibility implementation and the development of five selected companies in hanoi
... individual people and company on CSR concept, the CSR implementation of companies in Ha Noi and its impacts to the development of the companies And in order to collect data for the research, questionnaire ... http://www.triplepundit.com/wp-content/uploads/2011/02 /THE- FRACTAL-FRONTIER.pdf) Three Ps theory mentions the relationship of Planet, People, and Profit in business strategy of company This theory is considered as the detail of TBL theory, ... the company and customers And by supplying products and services required by customers, company also commits to the efficient development of company, and carries out the promise of maximize the...
Ngày tải lên: 13/03/2014, 14:20
Research "INEQUALITY AND THE DISTRIBUTION OF HUMAN CAPITAL " docx
Ngày tải lên: 23/03/2014, 05:23
Benefitting Whom? For-Profit Education Companies and the Growth of Military Educational Benefits potx
... flowing to the for-profit schools outpacing the overall revenue growth of those schools, the military revenue growth of the companies is also outpacing the spending growth in the VA and DoD education programs Between 2009 and 2010, the total ... help veterans and servicemembers support themselves and their families, and help to create a more robust U.S economy With the passage of the Post-9/11 GI Bill, the Congress and the country committed ... review of the documents provided to the HELP Committee reveals that these two programs are the primary source of the very rapid increases in the sums of money flowing directly to for-profit schools...
Ngày tải lên: 28/03/2014, 21:20
valuation measuring and managing the value of companies - 3rd edition
... comparable companies and the market around the date of each acquisition In fact, when the team calculated the impact of these declines on the total value of EG, they realized that the decline ... ideology and legal frameworks, the United States and the United Kingdom have given the most weight to the idea that shareholders are the owners of the corporation, the board of directors is their ... In the case of an LBO, this occurs through substituting equity with debt, forcing much of the free cash flow out of the enterprise and back into the capital markets in the form of interest and...
Ngày tải lên: 08/05/2014, 10:11
Valuation Measuring and Managing the Value of Companies pdf
... comparable companies and the market around the date of each acquisition In fact, when the team calculated the impact of these declines on the total value of EG, they realized that the decline ... ideology and legal frameworks, the United States and the United Kingdom have given the most weight to the idea that shareholders are the owners of the corporation, the board of directors is their ... In the case of an LBO, this occurs through substituting equity with debt, forcing much of the free cash flow out of the enterprise and back into the capital markets in the form of interest and...
Ngày tải lên: 27/06/2014, 22:20
California and the Fictions of Capital doc
... to p rod u ction an d its m ean s The Logics and Illogics of Production: The Shift to and out of Grain In th e latter 1860s, after a stu n n in g collap se of Californ ia’s cattle econ om y an ... Location of Irrigated Areas of Californ ia, 1920 (Cou rtesy of Tin a Esp in oza) xxvi REFERENCE MAPS 100 Miles Ap p roxim ate Location of Irrigated Areas of Californ ia, 1930 (Cou rtesy of Tin ... D W Griffith , “A Corn er in Wh eat” (1909) (Cou rtesy of Kin o Film In tern ation al Corp oration ) Introduction The Alchem y of Capital and Nature Th ou gh h e w as alread y d ead , Fran k Norris...
Ngày tải lên: 28/06/2014, 10:20
information in this document is subject to change without notice. the names of companies, products, people, characters,
... cleanliness of the data Do not expect every entry to join on the first run of the management agent If a majority of the entries not join, reconsider your choice of the prime connector; the data ... configured and operated Defines how MAs function together to flow data into and out of the metadirectory The Data Model Specifies: % The strategy for initially populating the metadirectory % The mode ... identified during the metadirectory planning phase will be used during the design and development of the metadirectory The following table identifies the phase in the design and development process...
Ngày tải lên: 06/07/2014, 09:03
hoffman - surviving large losses; financial crises, the middle class, and the development of capital markets (2007)
... all the reforms they have inspired, they continue to batter us, as we can see from the collapse of the Asian banks and stock markets, the bursting of the Internet bubble and subsequent wave of ... shaped by a host of political and economic factors, from the nature of the political system to the distribution of income and the strength of economic growth The threshold will therefore vary from ... part to the French king’s regular habit of defaulting The existence of these secure and easily traded English securities furthered the development of the London capital market, making it the financial...
Ngày tải lên: 01/11/2014, 17:10
CAPITAL CONSTRAINTS AND THE PERFORMANCE OF ENTREPRENEURIAL FIRMS IN VIETNAM
... age and size of the firm Size of the firm is measured in both employment size (logarithm of total number of employees) and economic size (logarithm of total assets of the firm) We control for the ... Furthermore, the amount of personal equity injected at the start has a strongly negative effect on the extent of capital constraints The probability of this effect decreases as the amount of ... role in the economy of Vietnam, yet they are poorly understood and there is little work on how family-owned firms use their human capital and social networks to obtain resources and leverage them...
Ngày tải lên: 08/08/2015, 19:13
Study of technical feasibility and the payback period of the invested capital for the installation of a grid connected photovoltaic system at the library of the technological federal university of paraná
... price of the energy bought from the network 5.4.1 Results of the payback period of the invested capital for the three conditions The payback period of the invested capital was calculated from the ... Journal of Energy and Environment (IJEE), Volume 5, Issue 6, 2014, pp.643-654 649 5.4 Study of the payback period of the invested capital The study of the payback period of the invested capital ... of capital invested in the project, as shown in the Tables 6, 7, and Table 10 sum up the payback period of the invested capital for the three conditions Table Payback period of the invested capital: ...
Ngày tải lên: 09/09/2015, 10:32
Investment decisions and the cost of capital
... estimate the cost of capital Capital Capital and and Capital Capital Budgeting Budgeting Capital: is the stock of assets that will generate a flow of income in the future Capital budgeting: is the ... shares in the other, which would alter the relative prices of shars until the WACCs become equal The level of gearing is therefore irrelevant to the WACC and the value of the firm 19 The The Cost ... Discounting On the the other other hand, hand, the the process process of of discounting discounting On or capitalization capitalization isis to to turn turn aa future future stream stream of of or services...
Ngày tải lên: 04/10/2015, 20:08
The impact of credit ratings on capital structure (the case of listed companies on hose)
... List of Figures Figures 1: : Market share of credit ratings agencies Figures 2: Trade-off theory‘s Capital structure (The Optimal Capital Structure, the Value of the Firm and the Cost of Capital) ... - E: the value of levered equity - T: the corporate tax rate 2.2.1.3 .The Trade-off Theory According to Luigi P and Sorin V (2009), the original version of the trade-off theory grew out of the ... Trade-off theory’s Capital structure (The Optimal Capital Structure, the Value of the Firm and the Cost of Capital) Source: Ross, Westerfield, Jaffe and Jordan (2008) 14 Figure above shows the...
Ngày tải lên: 23/10/2015, 15:38
Balancing risk, return and capital requirements the effect of solvency II on asset allocation and investment strategy
... out how they were handling the data management requirements of Solvency II, the impact of capital charges on investment strategies and product ranges, and their views on the future for capital ... background of higher standards of transparency and additional capital being deployed under Solvency II Demanding as these requirements are on their own, the introduction of these standards comes ... to counter the risk of default we have seen the introduction of mandatory standards in the form of counterparty and collateral arrangements All of this is new, and in addition to the Solvency...
Ngày tải lên: 06/12/2015, 23:08
Reference Guide to AntiMoney Laundering and Combating the Financing of Terrorism
... http://www.imolin.org/imolin/gpml.html The UNDCP was renamed the Office of Drug Control and Crime Prevention (ODCCP) in 1997, and renamed the Office of Drugs and Crime (ODC) in October of 2002 International Standard Setters ... FATF, the FATF-style regional bodies, the Bank and IMF in making assessments of either their own members or of other countries xvi Chapter I Money Laundering and Terrorist Financing: Definitions and ... offenses, for the purpose of concealing or disguising the illicit origin of the property or of assisting any person who is involved in the commission of such an offense or offenses to evade the legal...
Ngày tải lên: 30/08/2016, 15:24