market share market value and innovation

... EBDIT/sales Share turnover Foreign ownership Market share Market value of common stock plus book value of preferred stock Book value of debt divided by market value of common stock Book value of ... Description Tobin's q Estimated [book value of debt + book value of preferred stock + market value of common stock]/book value of assets Market value/ book value of common stock We drop 17 firms ... index or subindices predicts market values We use ln(Tobin's q) as our principal measure of market value (we take logs to address high-q outliers), and market/ book and market/ sales in robustness...

Ngày tải lên: 02/01/2015, 17:33

... executive and non-executive positions in the 67.84 percent and 60.78 percent of the firm with controlling shareholders (Ibid) practices generates value to the firm and its shareholders (e.g Klapper and ... represent both the firm value of listed companies as measured by Tobin Q and stock market performances of listed companies as measured by Total Return to Shareholders and Market Value Added What is ... with firm value and stock market performance during two respective periods: 2002-2005 and 20062009 Also tested was whether an improvement could be observed for firm value and stock market performance...

Ngày tải lên: 06/01/2015, 19:49

Ngày tải lên: 07/02/2013, 09:32

... maximum values of current ratio are 0.11 and 19.5 respectively The dividend yield has mean value of 0.04 and standard deviation of 0.04, which imply less volatility Meanwhile, mean value and standard ... and 0.48 respectively The mean value and standard deviation of price volatility in 2008 is largest at 1.48 and 0.54 respectively The values of price volatility in 2009 are minimized at 0.32 and ... substantial research in developed market, it can be listed out some outstanding findings such as Baskin (1989) and Fama and French (1992) in the United States context and Allen and Rachim (1996) in Australian...

Ngày tải lên: 27/09/2013, 21:53

... Inc Japan Kilcher L., Landau B., Richter T and Schmid O 2001 The Organic Market in Switzerland and the European Union: Overview and Market Access Information for Producer and International Trading ... products in the Indian domestic market; ii To identify the necessary steps to develop the domestic market; iii To assess demand and requirements in the international market and identify measures to ... international market requirements; iv To formulate strategies for both the domestic and international markets with a special focus on market access for small and medium-sized farmers and enterprises...

Ngày tải lên: 14/02/2014, 03:20

... 1 Monetary policy and market interest rates 1.1 Central bank rates and money market rates The Eurosystem is only able to directly influence very shortterm money market interest rates It ... also saw a significant increase in the number of issuers and amounts outstanding, and thus a deepening and broadening of their covered bond markets Covered bond yield spread (1- to 3-year maturities, ... between the market interest rate and the retail interest rate, and the causality of this relationship goes in (1) See, for example, Mojon (2000); Toolsema, Sturm and Haan (2002) ; Baugnet and Hradisky...

Ngày tải lên: 15/02/2014, 05:20

... the highest market share (1.7 %) followed by sheep and goat meat (0.7 %), pork (0.3 %) and poultry (0.3 %) Only little and partial information is available on prices for organic meat and meat products ... China, Brazil, and South Africa is causing the upper social classes to expand, and this is creating a market for organic food In other regions, there is an increase in organic farm land because ... natural food stores in 2003, 45 % in mass market grocery stores (including conventional grocery, mass merchandiser, and club stores), and % through direct sales and other distribution channels (Nutrition...

Ngày tải lên: 05/03/2014, 21:20

... more in the default swap market by selling protection Market supply and demand can cause dislocations between the cash and default swap market For example, in Turkey, demand for protection on a ... spreads due to liquidity, market size, funding costs, supply and demand, and counterparty risk The asset swap buyer can leverage credit exposure As time passes and interest rates and credit spreads ... − P MARKET A= PV 01 where we define PLIBOR to be the present value of the bond priced off the LIBOR swap curve, PMARKET is the actual full market price of the bond, and PV01 is the present value...

Ngày tải lên: 06/03/2014, 08:20

... developed and emerging markets Flood and Rose not find support for UIRP and indicate that the foreign exchange premium is larger for emerging markets than for developed markets In contrast, Bansal and ... deviations from UIRP in emerging markets are likely to be larger and more persistent than in industrialized markets Recent work by Flood and Rose (2001) and Bansal and Dahlquist (2000) find that ... financial markets It is usual for researchers simply to assume that currency markets are integrated For instance, both Dumas and Solnik (1995) and De Santis and Gerard (1998) assume that currency and...

Ngày tải lên: 06/03/2014, 14:20

... announcement date (quarters t), and the prior quarter’s earnings announcement date (quarters t-1) as well as price per share, book value per share, and number of shares outstanding at the beginning of ... firms Low (high) book-to -market ratios are associated with high (low) growth firms so the book-to -market ratio (i.e., book value per share divided by market value per share) at the beginning of ... adverse relationship between disclosure quality and cost of debt Ruland, Tung, and George [1990], Frankel, McNichols, and Wilson [1995] and Miller and Piotroski [2000] provide empirical results...

Ngày tải lên: 07/03/2014, 02:20

... liquidity in the markets are considered first The Need for Market and Funding Liquidity Market Liquidity Central banks provided funding liquidity for distressed institutions and market liquidity.12 ... borrowing from nonmarket sources, and in the case of a bank, from the central bank Market liquidity is a property of the relative ease with which markets clear at a fair value When markets become ... would be necessary, and this was arranged through a shares purchase by JPMorgan Chase initially set at $2 per share, but later increased to $10 per share to placate shareholders and ensure the deal...

Ngày tải lên: 15/03/2014, 07:20

... bps and −0.18 bps; for foreign banks, they are 2.84 bps and −0.15 bps; for Landesbanks, they are 2.83 bps and 0.50 bps; and for cooperative central banks, they are 4.27 bps and 0.45 bps Thus Landesbanks ... are 1.66 bps and −0.01 bps; for cooperatives, they are 0.78 bps and −0.87 bps; for foreign banks, they are 0.69 bps and −0.18 bps; for Landesbanks, they are 1.48 bps and 0.53 bps, and for cooperative ... Allen and Gale (1994, 2004) or Brunnermeier and Pedersen (2005, 2009), and contribute toward commonality in liquidity across different securities and asset classes (Chordia, Subrahmanyam, and Roll,...

Ngày tải lên: 15/03/2014, 10:20

... the relationship between price rigidity and variables associated with market structure and behaviour of banks, such as market concentration, demand growth and price collusion As one of its relevant ... example Hannan and Berger (1991), Neumark and Sharpe (1992), and De Graeve et al (2004) find evidence of asymmetry on deposits; and Arak et al (1983), Ausubel (1989), and Calem and Mester (1995) ... mixture of adjustment costs and market power of banks, which creates interest rate rigidity and asymmetries in the speed at which increases and decreases in the money market interest rate are translated...

Ngày tải lên: 15/03/2014, 14:20

... impact on asset prices and market dynamics, and thus propagate and amplify financial shocks throughout the financial system (Fontaine and Garcia (2012)) Copeland, Martin and Walker (2011) find ... investment funds) to banks and brokerdealers against the collateral of cash (typical in the US and Japanese markets, and comprising a minority share of the European market) or securities According ... the US housing market affecting ABS markets, and doubts about the creditworthiness of some European government issuers affecting government bond and repo markets These can cause market participants...

Ngày tải lên: 15/03/2014, 19:20

... low-income market and it is the entire market that must be analyzed and addressed for private sector strategies to be effective, even if there are segments of that market for which market- based ... ventures, and further development of technology and business models may expand BOP markets The operating and regulatory environments in developing countries can be challenging Micro and small ... these data—on incomes, expenditures, and access to services—it characterizes BOP markets regionally and nationally, in urban and rural areas, and by sector and income level The results show striking...

Ngày tải lên: 15/03/2014, 21:20

... are the probability that the actual value exceeds the F -value In this table, u,=interest rate innovation, u, =market rate innovation, and u,=exchange rate innovation D is either a dummy variable ... (2.10) 0.21 277.4 ‘Numbers in parentheses are t-values In this table, u,= interest rate innovation, u, =market rate innovation, and u,=exchange rate innovation D is either a dummy variable for 15 ... profit stream, E(n,) +fiE(n,+ r), and differentiating with respect to Lp, Lj, Of, and 0: gives the optimal values of foreign and domestic loans and foreign and domestic deposits 3.2 Unexpected...

Ngày tải lên: 22/03/2014, 17:20

... equity markets, and growing banking sector, the country needs to improve its bond markets While the government and corporate bond markets have grown in size, they remain illiquid The corporate market, ... for reform, however, the innovations and experiences of markets in the region are also important Developing markets often mimic more advanced European and North American markets But complex structures ... corporate bond market This paper reviews these issues and discusses policies that can help further develop India’s debt market Section II highlights and compares market development and outlook to...

Ngày tải lên: 22/03/2014, 20:20

... home market (MULTIMARKET SHARE MEGA) Deposit share of banks for which the market is their home market (SHARE HOME) Deposit share of small banks for which the market is their home market (SHARE ... home market (MULTIMARKET SHARE MEGA) Deposit share of banks for which the market is their home market (SHARE HOME) Deposit share of small banks for which the market is their home market (SHARE ... deposits outside home market (MULTIMARKET SHARE SMALL) Market share of mid-size banks with at least 25 percent of deposits outside home market (MULTIMARKET SHARE MID) Market share of large banks...

Ngày tải lên: 22/03/2014, 23:20

... An idea is to consider the value of the land and the value of the building The valuation of the land is easy if you take the standard land value To determine the tax value from the building is ... value This standard land value is updated each year with the reporting date 1st January The most common types of standard land prices are values for: agricultural and forest areas rural and urban ... maps / standard land value Products from the Purchase Price Collection made from the land valuation board are the price contour maps In the price contour maps you can find a standard land value...

Ngày tải lên: 23/03/2014, 08:20