fattor anna (14 risultati)

Condizione: New.

Condizione: New.

Condizione: New. pp. 176.

Taschenbuch. Condizione: Neu. ZERO IMPACT OR ZERO RELIABILITY? | An empirical test of Capital Asset Pricing Model during periods of zero risk-free rate | Anna Fattor (u. a.) | Taschenbuch | 144 S. | Englisch | 2010 | LAP LAMBERT Academic Publishing | EAN 9783838386126 | Verantwortliche Person für die EU: BoD - Books on Demand, In de Tarpen 42, 22848 Norderstedt, info[at]bod[dot]de | Anbieter: preigu.

Taschenbuch. Condizione: Neu. THE ROLE OF COVENANTS AND THE FIRM''S FINANCING CHOICE | A theoretical model in order to increase the efficency of public and private debt contracts | Anna Fattor | Taschenbuch | 176 S. | Englisch | 2010 | LAP LAMBERT Academic Publishing | EAN 9783843370219 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu.

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Taschenbuch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Nowadays the worldwide society is facing a deep financial crisis that is affecting every sector and every field of the economic and financial system and nobody could predict the far-reaching consequences of this slowdown. The starting point of the crisis can be found in the failure of the US system of securitization. The goal of this research is to analyze how the current crisis may have affected some aspects of the financial sector. In particular, it focuses on the validity and reliability of one of the most used model in pricing the assets. This purpose stems from the fact that the crisis brought many changes in the way of approaching to financial markets highlighting anomalies, such as interest rates close to zero. Therefore this study aims to verify the reliability of the CAPM when the risk-free rate approaches the zero level. In order to carry out this research, the authors turn their attention on US, that is actually experiencing a period of risk-free rates close to zero. Since the reference period of zero risk-free rates for US is not so long, the authors also decided to refer the study to Japan, that showed a longer period of risk-free rates close to zero. 144 pp. Englisch.

Taschenbuch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In the aftermath of the recent financial crisis, the introduction of particular clauses in the debt contracts may represent an useful instrument to enhance their efficiency. Covenants are agreements that give the creditors more guarantees about the reliability of their loan: when they are breached, they allow the lenders to take certain actions, as the early repayment of the loan or the change of the debt's terms, in order to protect them against a potential borrower's default. Covenants are therefore useful for creditors' protection but they also restrict the business policies of borrowers. These clauses may be included both in public and in private debt. The goal of this work is to provide a theoretical model that analyses the impact of a covenant on both types of debt. In order to guarantee the efficiency of the instrument, there are some necessary conditions to satisfy, otherwise it does not collect the desired result. To define the conditions for the covenant efficiency, we proceed by steps, analyzing firstly the financing decision of a firm without the covenant and then examining how a covenant either on the public or on the private debt, can impact on the firm's choice. 176 pp. Englisch.

Condizione: New. Print on Demand pp. 176 2:B&W 6 x 9 in or 229 x 152 mm Perfect Bound on Creme w/Gloss Lam.

Condizione: New. PRINT ON DEMAND pp. 176.

Taschenbuch. Condizione: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Nowadays the worldwide society is facing a deep financial crisis that is affecting every sector and every field of the economic and financial system and nobody could predict the far-reaching consequences of this slowdown. The starting point of the crisis can be found in the failure of the US system of securitization. The goal of this research is to analyze how the current crisis may have affected some aspects of the financial sector. In particular, it focuses on the validity and reliability of one of the most used model in pricing the assets. This purpose stems from the fact that the crisis brought many changes in the way of approaching to financial markets highlighting anomalies, such as interest rates close to zero. Therefore this study aims to verify the reliability of the CAPM when the risk-free rate approaches the zero level. In order to carry out this research, the authors turn their attention on US, that is actually experiencing a period of risk-free rates close to zero. Since the reference period of zero risk-free rates for US is not so long, the authors also decided to refer the study to Japan, that showed a longer period of risk-free rates close to zero.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 144 pp. Englisch.

Taschenbuch. Condizione: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Nowadays the worldwide society is facing a deep financial crisis that is affecting every sector and every field of the economic and financial system and nobody could predict the far-reaching consequences of this slowdown. The starting point of the crisis can be found in the failure of the US system of securitization. The goal of this research is to analyze how the current crisis may have affected some aspects of the financial sector. In particular, it focuses on the validity and reliability of one of the most used model in pricing the assets. This purpose stems from the fact that the crisis brought many changes in the way of approaching to financial markets highlighting anomalies, such as interest rates close to zero. Therefore this study aims to verify the reliability of the CAPM when the risk-free rate approaches the zero level. In order to carry out this research, the authors turn their attention on US, that is actually experiencing a period of risk-free rates close to zero. Since the reference period of zero risk-free rates for US is not so long, the authors also decided to refer the study to Japan, that showed a longer period of risk-free rates close to zero.

Taschenbuch. Condizione: Neu. This item is printed on demand - Print on Demand Titel. Neuware -In the aftermath of the recent financial crisis, the introduction of particular clauses in the debt contracts may represent an useful instrument to enhance their efficiency. Covenants are agreements that give the creditors more guarantees about the reliability of their loan: when they are breached, they allow the lenders to take certain actions, as the early repayment of the loan or the change of the debt''s terms, in order to protect them against a potential borrower''s default. Covenants are therefore useful for creditors'' protection but they also restrict the business policies of borrowers. These clauses may be included both in public and in private debt. The goal of this work is to provide a theoretical model that analyses the impact of a covenant on both types of debt. In order to guarantee the efficiency of the instrument, there are some necessary conditions to satisfy, otherwise it does not collect the desired result. To define the conditions for the covenant efficiency, we proceed by steps, analyzing firstly the financing decision of a firm without the covenant and then examining how a covenant either on the public or on the private debt, can impact on the firm''s choice.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 176 pp. Englisch.

Taschenbuch. Condizione: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - In the aftermath of the recent financial crisis, the introduction of particular clauses in the debt contracts may represent an useful instrument to enhance their efficiency. Covenants are agreements that give the creditors more guarantees about the reliability of their loan: when they are breached, they allow the lenders to take certain actions, as the early repayment of the loan or the change of the debt's terms, in order to protect them against a potential borrower's default. Covenants are therefore useful for creditors' protection but they also restrict the business policies of borrowers. These clauses may be included both in public and in private debt. The goal of this work is to provide a theoretical model that analyses the impact of a covenant on both types of debt. In order to guarantee the efficiency of the instrument, there are some necessary conditions to satisfy, otherwise it does not collect the desired result. To define the conditions for the covenant efficiency, we proceed by steps, analyzing firstly the financing decision of a firm without the covenant and then examining how a covenant either on the public or on the private debt, can impact on the firm's choice.