the role of structured finance
The Economics of Structured Finance ppt
Ngày tải lên :
31/03/2014, 05:21
... recent years, the business model of credit rating agencies has expanded beyond their historical role to include the nascent field of structured finance From its beginnings, the market for structured ... measured by the likelihood of default and the magnitude of loss incurred in the event of a default – to satisfy the guidelines set forth by the credit rating agencies Structured finance allows ... excess of the average rating on the average for the collateral pool as a whole The degree of protection offered by the junior claims, or overcollateralization, plays a crucial role in determining the...
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KINH TẾ HỌC CỦA TÀI CHÍNH CẤU TRÚC The Economics of Structured Finance
Ngày tải lên :
14/07/2015, 14:29
... TĂNG & SỤT GIẢM CỦA THỊ TRƯỜNG TÀI CHÍNH CẤU TRÚC The Rise and Fall of Structured Finance Market Sự gia tăng sụt giảm thị trường tài cấu trúc Theo số liệu Hiệp hội Công nghiệp Chứng khoán thị ... cấp (senior) trở nên an toàn THÁCH THỨC CỦA XẾP HẠNG TÀI SẢN TÀI CHÍNH CẤU TRÚC The Challenge of Rating Structured Finance Assets Bảng Xếp hạng Trái phiếu 10 năm Fitch - Được chia thành 10 mức ... chuẩn Phóng đại qua CDO2 ĐỊNH GIÁ RỦI RO HỆ THỐNG TRONG CÁC SẢN PHẨM ĐƯỢC CẤU TRÚC The pricing of Systematic Risk in Structured Products Định giá rủi ro hệ thống sản phẩm cấu trúc Xếp hạng tín dụng:...
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Are Innovating Firms Victims or Perpetrators? Tax Evasion, Bribe Payments, and the Role of External Finance in Developing Countries
Ngày tải lên :
21/04/2016, 07:15
... are other legal structures The average firm age in the sample is 15.62 years Panel A also shows that 13% of the sample of firms is composed of foreign firms and 21% of the firms are exporters The ... of firm size by the World Bank Group and other international survey teams including RPED and the Oxford Centre for the Study of African Economies 12 that the timing of the values of variables in ... participants at the NBER Entrepreneurship Working Group, Conference on the Role of Government Regulation in Corporate Finance at Vanderbilt University and the Annual Meetings of the Academy of International...
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On the Sustainable Development Goals and the Role of Islamic Finance
Ngày tải lên :
21/04/2016, 13:20
... assessment of the potential role of Islamic finance The principles underlying Islamic finance are then considered, and the recent contribution of Islamic finance to development is explored The prospect ... microfinance, provision of finance to the poor can be one way of manifesting their social role Ahmed (2004) shows that Islamic banks are predisposed to providing microfinance Using the example of ... arise in the object of the contract arises when there is uncertainty about the subject matter of the sale and its delivery Gharar is present when either the object of sale does not exist or the seller...
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Circuit theory of finance and the role of incentives in financial sector reform
Ngày tải lên :
24/10/2012, 09:33
... DC: The World Bank) Chernow, Ron, 1997, The Death of the Banker The Decline and the Fall of the Great Financial Dynasties The Triumph of the Small Investor (New York: Vintage Books, a Division of ... with their required profitability The role of finance is thus to ensure that all profitable investments get adequate funding at the lowest possible costs The microeconomic nature of such role ... factoring the long-term market potential of borrowing firms in their risk analysis The higher their reputational capital, the stronger their incentive to lengthen the time horizon of their approach...
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Tài liệu Rethinking the Role of the State in Finance doc
Ngày tải lên :
16/02/2014, 10:20
... development and the role of the state in finance Despite the crisis experience, 90 percent of the country officials and experts surveyed in the poll perceive that positive effects of finance (in ... and Professor of Economics at the Wharton School of the University of Pennsylvania Thorsten Beck Professor of Economics and Chairman of the European Banking Center, Tilburg University, Netherlands ... experiences from around the world Two building blocks underlie the report’s view of the role of the state in finance First, there are sound economic reasons for the state to play an active role in financial...
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The Role of Interest Rate Swaps in Corporate Finance doc
Ngày tải lên :
22/03/2014, 17:20
... the transaction from the vantage point of firm A, the floatingrate payer The cost of synthetic floating-rate financing is determined by the cost of servicing fixed-rate debt plus the net cost of the ... obligation to a synthetic floating-rate note The net period t cost of this synthetic note is just the cost of its fixed-rate obligation plus the net cost of the swap: Period t cost of synthetic floating ... to the desire on the part of firms to hedge cash flows against the effects of interest rate volatility The timing of the appearance of interest rate swaps, coming as it did during a period of volatile...
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Leveraging private investment: the role of public sector climate finance pot
Ngày tải lên :
30/03/2014, 14:20
... alternative use of public finance is through the provision of subordinated equity, meaning that the repayment on the equity is of lower priority than the repayment of other equity investors The subordinated ... finalised The intricacies and strengths of the CP3 model come out at the project level While the upfront equity on offer is necessary to get part of the financing in place, most of the investment at the ... motivated by the profitability of the potential investment, which is determined by whether the investment (either debt or equity) offers the right risk-reward ratios Taking a broader perspective, the...
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Political connections, finance and growth the role of party leadership positions
Ngày tải lên :
16/10/2015, 15:36
... log of firm age, years of managerial experience of the CEO and the education level of the CEO Column (2) regresses Party leader on log of firm assets, years of managerial experience of CEO and the ... study the effect of political connections on the terms of bank loans given that the firm has a loan More specifically, I test whether collateral is required for obtaining the loan, the amount of the ... like to thank Prof Meijun Qian from the Department of Finance for her inputs along the way They have given me feedback and advice at every stage of the process, and always been there whenever...
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How Important Are Financing Constraints? The role of finance in the business environment
Ngày tải lên :
25/04/2016, 07:44
... tax revenue They find that across a panel of countries, the level of corporate governance in the country determines the amount of tax revenue 21 We find the DAG analysis and the set of causal structures ... requires that the coefficient of the obstacle in the firm growth regression is significant and the value of the obstacle is greater than one, indicating that the enterprise managers identified the factor ... to their growth.13 In addition to the detail on the obstacles, one of the greatest values of this survey is its wide coverage of smaller firms The survey is size-stratified, with 40 percent of...
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The Role of Power
Ngày tải lên :
22/08/2012, 22:07
... who are truthful and demonstrate regard for their own outcomes and those of others • Moderately Politicized Area – greater acceptance of behind the scenes tactics so long as the goals of the group are achieved ... Outline Role of Power Rules for Using Power Role of Power Power defined: • Ability or official capacity to exercise control; authority • Ability to influence or control others Sources of Power ... Find the Soft Spot Encourage others to open up • Gain disclosure of something private or personal about your counterpart • Expression of trust Identify true motivations and sources of objections...
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Facts of Vietnam Freight forwarding industry and the role of Vietnam Freight Forwarders Association (VIFFAS) to the industry in international economic integration processhelpful to Oristar.doc
Ngày tải lên :
27/10/2012, 16:42
... such professional colleagues on the world The Association has the role of coordinating the activities of the members in order to protect the interests of the members and improve the position of Vietnam ... to the realization of the objectives and duties of the Association, may be invited to join the Association as Honorary members In general, this stipulation on the membership in the Statue of the ... expanding With their experiences, they have learned the value of offering quality services In the way of growing, they have also open branches to establish a worldwide presence These companies...
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Báo cáo y học: "Human toxoplasmosis and the role of veterinary clinicians"
Ngày tải lên :
03/11/2012, 11:06
... where the consequences of infection can be very severe, while the risk of living with one’s beloved cat is practically nill References Angulo FJ, Glaser CA, Juranek DD et al Caring for pets of immunocompromised ... with the human immunodeficiency virus Clin Infect Dis.1994;18:14-24 Han K, Shin DW, Lee TY, et al Seroprevalence of Toxoplasma gondii infection and risk factors associated with seropositivity of ... 94: 963-965 Grant S and Olsen CW Preventing zoonotic diseases in immunocompromised persons: the role of physicians and veterinarians Emerg Infect Dis 1999; 5: 159-163 http://www.medsci.org ...
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The role of language in adult education and poverty reduction in Botswan
Ngày tải lên :
05/11/2012, 16:27
... and English at the expense of the other languages that exist in the country, the adult language program in Botswana maintains the hegemony and the gap between the poor and the rich, the major and ... improve the quality of life of the poor and rural people adult education programs should include as one of its components the observation and imitation of the artisans and other skilled persons in the ... for the betterment of their conditions It could mobilize the so called minorities to oppose their status and challenge the hegemony of the majority communities in Botswana 31 In most parts of the...
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153 The role of marketing activities to bankcard and actual state of Ngân hàng nông nghiệp và phát triển nông thôn (AgriBank) cards
Ngày tải lên :
03/04/2013, 12:13
... sells the transaction to the acquire and is reimbursed the amount of the sales ticket by the acquirer (4) - The acquirer then summits the ticket to the issuer for payment, via the ICO interchange ... system 9 (5) - The issuer bills the cardholder (6) - Finally, the cardholder repays the issuer for the goods or services originally purchased from the merchant ICO are at the centre of the transaction ... maintaining the flow of funds and information between issuing and acquiring members The exchange of financial information is called clearing The exchange of the actual funds for the transaction and the...
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494 The role of marketing activities to bankcard and actual state of Ngân hàng nông nghiệp và phát triển nông thôn (AgriBank) cards
Ngày tải lên :
08/04/2013, 17:01
... “bộ” “trọn gói” theo nguyên tắc giá gói nhỏ tổng số tiền mua hàng theo phương thức riêng rẽ Định giá theo nguyên tắc địa lý: cách thức mà doanhnghiệp định giá bán sản phẩm theo nguyên tắc địa ... sản phẩm Bề rộng chủng loại sản phẩm phân giải số lượng mặt hàng thành phần theo tiêu thức định ví dụ theo kích cỡ, theo công suất… Bề rộng chủng loại sản phẩm mục tiêu công ty định phần Những ... trường theo giác độ khác Theo quan điểm Marketing thị trường bao gồm tất khách hàng tiềm ẩn có nhu cầu mong muốn cụ thể sẵn sàng có khả tham gia vào trao đổi để thoả mãn nhu cầu Như vậy, theo khái...
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The role of advertising in society
Ngày tải lên :
16/04/2013, 11:05
... values, others say advertising merely reflects the values of society rather than shaping them They argue that consumers' values are defined by the society in which they live and are the results of ... in the other countries, partly due to the limitation of means of communication and citizens’ perception The most popular type of advertising is on TV Following is the advertising price chart of ... promotion, which is one of the most vital tools in Marketing The appearance and the role of advertising is increasingly higher in the market economy Advertising shows the rapid growth in technology...
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The role of leadership theory in raising the profile of women in management
Ngày tải lên :
08/10/2013, 15:56
... will further explore the recent theories of leadership, and evaluate if these make a further contribution to the recognition of the skills and attributes of women in management or leadership roles ... to the role each theory may have played in raising the profile of women in management or leadership roles Early leadership theories In the 18th and 19th centuries, philosophers suggested a theory ... Hence, the behavioural theories can be viewed as limited in raising the profile of women in management However, during this period of research, there was an emerging recognition of the importance of...
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Globalization: the Role of Institution Building in the Financial Sector _ The Case Study of China
Ngày tải lên :
18/10/2013, 07:15
... negotiated price The trade of inter-bank bond market relies on the securities booking system of the CGSDTC and the bond trading system of the inter-bank lending centre The trading system of the national ... bonds In the case of the latter, commercial banks trade with investors at the prices they offer through their outlets, and provide depositing and clearing services to the investors B Roles of the ... reflect the true quality of loans In recent years, the application of the fivecategory classification method has been advanced thanks to the strong push of the central bank and the efforts of commercial...
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