Value investing has long been recognized as an effective investment strategy. This book brings the reader through the strategies and thought processes used by professional value investors, using clear language. It presents the concepts, implementation and benefits of value investing and includes an expanded section on international value investing with "how-to" information on investing overseas. All data, statistics, anecdotes, illustrations and graphics have been updated and the final chapter explores structuring the portfolio for maximum returns....
The original Streetsmart Guide to Valuing a Stock was conceived and
outlined on a trip to Spain. The concepts underlying stock valuation
crystallized only as real livestock (6 fighting bulls and 8 steers) at-
tempted to run over us on the narrow, crowded streets of Pamplona.
Integral to the book’s progress were the discussions, over many fine
meals with our friends in Navarra, of its structure and international
appeal. Ana Vizcay and Eduardo Iriso, María Jesus Ruiz Ciordía and
Emilio Goicoechea, Luis Arguelles and Merche Amezgaray,...
The World Trade Organization (WTO) is the only
international organization dealing with the rules
of trade between nations. At its heart are the WTO
agreements, negotiated and signed by the bulk
of the world’s trading nations and ratified in their
parliaments. The goal is to help producers of goods
and services, exporters and importers conduct their
IAS 2 Inventories was issued by the International Accounting Standards Committee in
December 1993. It replaced IAS 2 Valuation and Presentation of Inventories in the Context of the
Historical Cost System (originally issued in October 1975).
The Standing Interpretations Committee developed SIC-1 Consistency—Different Cost Formulas
for Inventories, which was issued in December 1997
When designing an internal audit function, strategy must drive tactics, not the inverse. Too often, the
start-up is in response to an immediate tactical need. In a rush to implement a response, key strategic
issues can be overlooked. The result can be a tactical internal audit function in search of a strategy.
To help companies design and implement a strategically focused internal audit function,
PricewaterhouseCoopers developed a 10-step start-up framework. This framework is proven through
PricewaterhouseCoopers’ work with companies of all sizes.
Part of the International Code Council's widely successful Code Commentary series, the 2009 International energy conservation Code Commentary will give readers the tools they need to master the regulations set forth by the 2009 International Energy Conservation Code (IECC). The comprehensive yet practical guide contains the full text of the code, its tables and figures, as well as valuable, in-depth commentaries. These commentaries aim to explore the full meaning of the code, its implications, and its real-world applications.
The jurisprudence of the International Court of Justice generally demonstrates
that no rule of international law can be interpreted and applied without regard to
its innate values and the basic principles of human rights. Through its case-law the
ICJ has made immense contributions to the development of human rights law,
and in so doing continues to provide solutions to mounting international prob-
lems, such as terrorism and unilateral use of force.
When we do a benefit-cost analysis, we have to value a range of commodities which are either inputs to or outputs of the project. Some of these commodities are traded (i.e. can be bought or sold on international markets) and some are non-traded (are not bought
or sold in international markets but are only traded domestically).
Once you receive the community’ s letter stating that
the cost to repair flood damage to your building is 50
percent or more of its market value, you may file an
ICC claim. You should contact your flood adjuster or
your flood insurer’ s claims representative to file the
ICC claim. You have 4 years from the date of the
community’ s letter declaring the building to be
substantially damaged to complete your chosen
mitigation activity under the terms of the Standard
Flood Insurance Policy .
International law has recently emerged as a thriving ﬁeld of philosophical inquiry.
This volume contains twenty-nine cutting-edge essays by thirty-three leading
philosophers and international lawyers. An introduction co-authored by the two
editors sets the scene by identifying the value of developing the philosophy
of international law, addressing some of the main challenges it confronts, and
presenting the aims of the volume together with a brief summary of the essays
included in it. The ultimate goal is to help shape an agenda for future research in a
he land value tax is a variant of the
property tax that imposes a higher
tax rate on land than on improve-
ments, or taxes only the land value.
Many other types of changes in property tax
policy, such as assessment freezes or limita-
tions, have undesirable side effects, including
unequal treatment of similarly situated tax-
payers and distortion of economic incentives.
Land value taxation would enhance both the
fairness and the efficiency of the property tax.
This chapter describe the types of postemployment benefit plans and the implications for financial reports, explain and calculate measures of a defined benefit pension obligation (i.e., present value of the defined benefit obligation and projected benefit obligation) and net pension liability (or asset), describe the components of a company’s defined benefit pension costs,…
Chapter 18 demonstrate the use of a framework for the analysis of financial statements, given a particular problem, question, or purpose (e.g., valuing equity based on comparables, critiquing a credit rating, obtaining a comprehensive picture of financial leverage, evaluating the perspectives given in management’s discussion of financial results); identify financial reporting choices and biases that affect the quality and comparability of companies’ financial statements, and explain how such biases may affect financial decisions;…
After studying this chapter you will be able to: Understand the payback rule and its shortcomings, understand accounting rates of return and their problems, understand the internal rate of return and its strengths and weaknesses, understand the net present value rule and why it is the best decision criteria.
In this chapter, you will explore what factors determine exchange rates and recent attempts to manage them. You will also: Learn how exchange rates affect all sorts of business activities, examine different methods of forecasting exchange rates, and understand how the international monetary system functions.
In this chapter, students will be able to understand: Identify the management goal and organizational structure of the Multinational Corporation (MNC), describe the key theories that justify international business, explain the common methods used to conduct international business, provide a model for valuing the MNC.
Chapter 9 discuss the importance of understanding customer value perceptions and company costs when setting prices, identify and define the other important internal and external factors affecting a firm’s pricing decisions, describe the major strategies for pricing imitative and new products, explain how companies find a set of prices that maximizes the profits from the total product mix, discuss how companies adjust their prices to take into account different types of customers and situations.
Lecture Principles of Marketing - Chapter 10: Understanding and capturing customer value presents the following content: What is a price? Major pricing strategies, other internal and external considerations affecting price decisions.