ths nguyễn hữu vinh email huuvinhdct gmail com

Tài liệu Fundamentals of Corporate Finance docx

Tài liệu Fundamentals of Corporate Finance docx
Ngày tải lên : 22/02/2014, 06:20
... corporations Suppose a company needs a loan for years, not months It could issue a bond directly to investors, or it could negotiate a 9-year loan with an insurance company: Issues debt Company $2.5 million ... as are many of the large commercial banks Insurance companies and investment management companies tend to be more scattered For example, some of the largest insurance companies are headquartered ... (CEO) by the Walt Disney Company, his compensation package had three main components: a base annual salary of $750,000; an annual bonus of percent of Disney’s net income above a threshold of...
  • 651
  • 1.3K
  • 2
  1. Tài Chính - Ngân Hàng
  2. Ngân hàng - Tín dụng
Fundamentals of Corporate Finance docx

Fundamentals of Corporate Finance docx
Ngày tải lên : 31/03/2014, 22:21
... corporations Suppose a company needs a loan for years, not months It could issue a bond directly to investors, or it could negotiate a 9-year loan with an insurance company: Issues debt Company $2.5 million ... as are many of the large commercial banks Insurance companies and investment management companies tend to be more scattered For example, some of the largest insurance companies are headquartered ... (CEO) by the Walt Disney Company, his compensation package had three main components: a base annual salary of $750,000; an annual bonus of percent of Disney’s net income above a threshold of...
  • 651
  • 890
  • 1
  1. Tài Chính - Ngân Hàng
  2. Ngân hàng - Tín dụng
Fundamentals of Corporate Finance potx

Fundamentals of Corporate Finance potx
Ngày tải lên : 28/06/2014, 10:20
... corporations Suppose a company needs a loan for years, not months It could issue a bond directly to investors, or it could negotiate a 9-year loan with an insurance company: Issues debt Company $2.5 million ... as are many of the large commercial banks Insurance companies and investment management companies tend to be more scattered For example, some of the largest insurance companies are headquartered ... (CEO) by the Walt Disney Company, his compensation package had three main components: a base annual salary of $750,000; an annual bonus of percent of Disney’s net income above a threshold of...
  • 651
  • 913
  • 0
  1. Kinh Doanh - Tiếp Thị
  2. Quản trị kinh doanh
A Note on the Weighted Average Cost of Capital WACC pdf

A Note on the Weighted Average Cost of Capital WACC pdf
Ngày tải lên : 07/03/2014, 00:20
... Universidad Tecnológica de Bolívar Cartagena, Colombia ivelez@unitecnologica.edu.co nachovelez @gmail. com Joseph Tham Duke University ThamJx@duke.edu Introduction Most finance textbooks (See Benninga ... different combinations -from 0% to 100%- of the stock exchange index basket and the risk free investment and the actual business After several trials, the owner eventually will find the indifference combination ... different combinations -from 0% to 100%- of the stock exchange index basket and the riskiest stock and the actual business After several trials, the owner eventually will find the indifference combination...
  • 25
  • 573
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
Tài liệu Chi phí sử dụng vốn bình quân (Weight Average Cost of Capital_WACC) doc

Tài liệu Chi phí sử dụng vốn bình quân (Weight Average Cost of Capital_WACC) doc
Ngày tải lên : 21/12/2013, 21:15
... phần trăm vốn từ cổ phiếu ưu tiên (preferred stock) wce : tỉ lệ phần trăm vốn từ cổ phiếu thường (common stock) kd : lãi suất vốn vay kps : tỉ lệ trả cổ tức ưu tiên kce : lợi nhuận đòi hỏi cổ phiếu ... dùng giá thị trường việc tính toán bạn xác hơn, thực tế thị trường thay đổi Ví dụ cấu trúc vốn bạn hữu Nợ: 10 triệu (tỷ trọng 1/4) vốn cổ phần 30triệu = 3.000cổ phiếu x Po=10.000đồng (tỷ trọng 3/4) ... 14/01/2009 - 22:12 Chi phí sử dụng vốn bình quân (Weight Average Cost of Capital_WACC) ( Người gửi: comay 22/06/2007) ( Bình chọn: Thảo luận: Lượt xem: 7245) WACC chi phí sử dụng vốn doanh nghiệp...
  • 3
  • 2.4K
  • 17
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
Cost of Capital and Surrender Options for Guaranteed Return Life Insurance Contracts

Cost of Capital and Surrender Options for Guaranteed Return Life Insurance Contracts
Ngày tải lên : 13/04/2013, 13:04
... an insurance company is never zero and in case of such an event the company will not be able to fulfil its obligations towards the policyholder Therefore the default of the insurance company must ... insurance company is P0 In addition, we assume that the shareholders of the company have to inject a certain level of target capital TC0 in order to guarantee the solvency of the company We ... limited liability company For these companies, in case of insolvency there is no obligation for the shareholders to inject additional capital By considering the default of the company, the payoff...
  • 29
  • 413
  • 0
  1. Luận Văn - Báo Cáo
  2. Kinh tế - Quản lý
Chapter 11 the cost of capital

Chapter 11 the cost of capital

Ngày tải lên : 16/12/2013, 14:57
... security  Flotation Costs: The costs of issuing and selling a security Flotation costs consist of two components: • Underwriting costs • Administrative costs Copyright © 2011 Pearson Australia (a division ... Since similar risk bonds earn returns greater than 9%, the firm must sell the bonds for $980 to compensate for the lower coupon interest rate The flotation costs paid to the investment banker ... 11.7]  Despite the fact that it does not directly address risk, the constant growth model is more commonly used in practice due to its ease of calculation, availability of data and ease of adjustment...
  • 28
  • 711
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
Accounting Information, Disclosure, and the Cost of Capital doc

Accounting Information, Disclosure, and the Cost of Capital doc
Ngày tải lên : 06/03/2014, 21:20
... intuition, however, is fairly straightforward Consider a firm with two components of cash flow: a riskless component ( V a ) and a risky component j ( V b ) Clearly the cost of capital for the firm will ... firm will be somewhere in between the cost of capital j for the riskless component and the cost of capital for the risky component But if the firm’s expected cash flow increases without affecting ... performance measures) also comports well with actual disclosure practices Firms’ earnings provide information about the sum of the market, industry, and idiosyncratic components of their future...
  • 54
  • 592
  • 0
  1. Tài Chính - Ngân Hàng
  2. Kế toán - Kiểm toán
cost of capital

cost of capital
Ngày tải lên : 25/03/2014, 12:32
... MSQ-10 Page percent common stock The company’s CFO has obtained the following information: • The before-tax yield to maturity on the company’s bonds is percent • The company’s common stock is expected ... dividend to its common shareholders over the past 12 months of $2.20 per share The current market value of the common stock is $40 per share, and investors are anticipating the common dividend ... capital Company X has a current financial structure that is composed of 50% debt, 40% common stock, and 10% preferred stock Ignore the effects of cost of retained earnings The beta of Company...
  • 10
  • 697
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
The impact of audit quality on cash incentive compensation and cost of capital

The impact of audit quality on cash incentive compensation and cost of capital
Ngày tải lên : 01/06/2014, 14:04
... Dependent variable - Compensation I obtain executive compensation data from ExecuComp I use types of compensation in my analysis, namely cash compensation, equity compensation, and total compensation ... 1.2 1.2.1 Literature Review Compensation CEOs Most of the literature in compensation looks at CEO compensation Both CEO compensation and academic research on CEO compensation has grown rapidly ... and bonus is the cash component of compensation This can be accomplished either by conveying to managers an equity interest in the firm through some type of restricted stock compensation or by deferring...
  • 118
  • 439
  • 0
  1. Luận Văn - Báo Cáo
  2. Thạc sĩ - Cao học
Accounting conservatism, cost of capital, and fraudulent financial reporting

Accounting conservatism, cost of capital, and fraudulent financial reporting
Ngày tải lên : 03/06/2014, 00:49
... For example, compared to the PSLRA, it has been suggested that the SOX Act may have different regulatory effects on corporate reporting As such, it may be causing companies to become more conservative, ... not there are contagion effects that significantly comprise 18 Sidak (2003) suggest that “WorldCom’s fraudulent statements may have raised competitors’ costs by inducing inefficient investment ... there are many other people who have contributed to my success in completing this final degree, I am thankful to Jan Winchell for her computational assistance and to my fellow Ph.D students who have...
  • 287
  • 589
  • 0
  1. Luận Văn - Báo Cáo
  2. Thạc sĩ - Cao học
the effect of accounting regulation on second-tier audit firms and their clients audit pricing and quality, cost of capital, and backdating of stock options

the effect of accounting regulation on second-tier audit firms and their clients audit pricing and quality, cost of capital, and backdating of stock options
Ngày tải lên : 03/06/2014, 02:15
... decision date Once a company has adopted an ESO plan, the board of directors generally assigns the administration of the plan to the compensation committee The compensation committee officially ... grant; whereas, the compensation committee merely approves these proposals Second, executives might influence the committees’ decisions via their close friendships with individual committee members ... link with competitiveness is more complex than often assumed The theory of industrial organization6 Industrial organization theory presumes that market structure (i.e the numbers of competing...
  • 151
  • 526
  • 0
  1. Luận Văn - Báo Cáo
  2. Thạc sĩ - Cao học
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_2 pptx

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_2 pptx
Ngày tải lên : 20/06/2014, 20:20
... raised company costs, companies would raise prices again By the late 1970s this wage-price spiral looked to be nearly unstoppable Volcker thought otherwise He was convinced that a steadfast commitment ... $588,000.0 $12,000.0 Cash Less Downpayment $5,000.0 $38,000.0 Yearly Income Tax Rate Post Tax Income Monthly Post Tax Income $80,000.0 28.0% $57,600.0 $4,800.0 $80,000.0 28.0% $57,600.0 $4,800.0 ... spawned, is giving new life to much more radical recommendations Governments now own a piece of the world’s banking system The risk is that this becomes the general state of affairs I believe that...
  • 28
  • 356
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_4 pot

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_4 pot
Ngày tải lên : 20/06/2014, 20:20
... textbook picture, it is not [price] competition which counts but the competition from the new commodity, the new technology, the new source of supply which commands a decisive cost or quality ... and compete for deposits But a problem remained S&Ls lent money to home buyers Commercial banks lent money to risky companies and were able to charge higher interest rates How could thrifts compete ... postcrisis commentary goes something like this: The 2008 crisis was a onetime financial market shock It changed the outlook for economic activity and inflation We are responding accordingly Come tomorrow,...
  • 28
  • 345
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_5 pot

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_5 pot
Ngày tải lên : 20/06/2014, 20:20
... Dell Computer (DELL) Hewlett-Packard (HWP) EMC (EMC) Texas Instruments (TXN) Qualcomm (QCOM) Motorola (MOT) Yahoo! (YHOO) Applied Materials (AMAT) Veritas Software (VRTS) Compaq Computer (CPQ) Computer ... growth registered by other companies A quick collection of long-term earnings forecasts for the top 20 technology companies in the S&P revealed that taken together, technology company earnings were ... competitive companies The developed world, excited about participating in these markets, poured dollars in Emerging Asian countries boomed Their currencies soared Their banks and industrial companies...
  • 28
  • 355
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_6 pot

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_6 pot
Ngày tải lên : 20/06/2014, 20:20
... person’s available income Figure 10.5 The Climb for House Prices Outstripped Income Gains Median Sales Price, Existing Single Family Homes Sold vs Disposable Personal Income Per Capita Share ... possibility that the company might go bankrupt By late 2005 the same company’s real borrowing Greenspan’s Conundrum Fosters the Housing Bubble • 137 Figure 10.6 Real Borrowing Rates for Risky Companies ... had a final few months of glory as the U.S dollar fell and oil and other commodity prices locked in one last crazy surge I have no qualms about labeling the last leg up for commodity prices “crazy.”...
  • 28
  • 367
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_7 pot

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_7 pot
Ngày tải lên : 20/06/2014, 20:20
... credit, any number of companies that operated well outside the world of finance were placed in jeopardy That was true of large wellestablished companies, but it hit new companies especially hard ... was a complete bust Within weeks, Big Government actions were the rule around the globe In less than two months the Bush administration did the following: • Goldman Sachs was converted to a commercial ... short order, forced them to bail out an insurance company! The episode’s culminating event took place in early September when the General Electric Company, one of America’s few remaining triple...
  • 28
  • 412
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_8 potx

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_8 potx
Ngày tải lên : 20/06/2014, 20:20
... management and pricing system has evolved, combining the best insights of mathematicians and finance experts supported by major advances in computer and communications technology A Nobel prize was ... welcomed AIG’s default, days after the Lehman bankruptcy, and whoever failed in subsequent days Simple free market rhetoric Simple, neat, and wrong Minsky’s central insight is that financial companies ... bubble took hold Herd mentality drove the prices of stocks to levels that were completely at odds with the earnings these companies could deliver When the bubble burst and asset prices began to plunge,...
  • 28
  • 342
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_9 doc

The Cost of Capitalism: Understanding Market Mayhem and Stabilizing our Economic Future_9 doc
Ngày tải lên : 20/06/2014, 20:20
... W Norton & Company, 2003 Warsh, David Knowledge and the Wealth of Nations: A Story of Economic Discovery New York: W W Norton & Company, 2006 Weintraub, E Roy Microfoundations: The Compatibility ... habit of rediscovering truths In current circumstances, we need to reread John Maynard Keynes with Hyman Minsky as our guide New insights from behavioral finance must become a central part of the ... confronts as I write this final chapter suggests that the assault on a compromise capitalist strategy, over the decade to come, will emanate from the left A willingness to engage in much more...
  • 28
  • 378
  • 0
  1. Tài Chính - Ngân Hàng
  2. Tài chính doanh nghiệp
Xem thêm