Xem 1-20 trên 36 kết quả Investor preferences
  • Finance practitioners and academics are, or should be, interested in the following questions: .Why do investors like dividends? .Why do investors hate to realize losses? .Why do investors prefer stocks of "good" companies? .How are expected returns determined? .What kjnds of securities do investors like? .What are the forces that shape financial regulations?

    pdf9p jupiter27090 16-08-2012 44 8   Download

  • Bài giảng Management theory and practice Financial: Chapter 13 được trình bày cụ thể với các vấn đề: Distribution level and firm value; Theories of investor preferences; Stock dividends and stock splits; Dividend reinvestment plans;... Mời các bạn cùng tìm hiểu và tham khảo nội dung thông tin tài liệu.

    ppt40p ngochuyen1234567 29-10-2015 11 1   Download

  • While almost any type of security can be used in a repo, funds prefer to have U.S. Treasury or other government obligations as the collateral for most of their transactions. For added security, the collateral must equal at least 102 percent of the loan amount. 7 The transaction is called a repurchase agreement because the securities are actually sold to the lender or investor at the beginning of the period of the loan; the borrower agrees to repurchase the securities at the end of the loan term, usually at the same price.

    pdf11p quaivatdo 18-11-2012 26 4   Download

  • CHAPTER 14 Distributions to shareholders: Dividends and share repurchases Theories of investor preferences Signaling effects Residual model Dividend reinvestment plans Stock dividends and stock splits Stock repurchases What is dividend policy? The decision to pay out earnings versus retaining and reinvesting them.

    pdf27p summerflora 31-10-2010 51 14   Download

  • However, there are a number of advantages to examining the smart money effect in fund management using our U.K.mutual fund data. First, ourmoney f low data aremonthly rather than quarterly. Second, we observe exact f lows rather than approximations based on fund values and fund returns. Third, we can distinguish between institutional and individualmoney f lows. Fourth, we can distinguish between purchases and sales. A further advantage is that we are able to examine mutual fund investor behavior in a different institutional setting from that of the United States.

    pdf37p khanhchilam 29-03-2013 34 10   Download

  • In the developed capital market, AMCs offer wider varieties of fund objectives and policies responding to investor risk preferences. Specialized equity funds focus on narrow industry segments dominate U.S. asset management industry (Bogle (2005)). Management fees of equity funds can be viewed as the indicator of security selection and portfolio management skills of fund managers. Nazir and Nawaz (2010) documented that higher management fees lead to higher total fund returns reflecting in higher risk adjusted return or Sharpe’s ratio. ...

    pdf0p hongphuocidol 04-04-2013 18 9   Download

  • Even if socially responsible investment does not impose a cost on SRI fund investors in terms of reduced before-fee financial performance, these investors could still pay an explicit price for their funds' social responsibility in the form of higher fees. Indeed, there are reasons to expect fees charged by SRI funds to be higher. First, some SRI funds actively engage with the firms in which they invest to encourage them to pursue socially responsible policies. The costs of such active monitoring may be partly passed on to investors in the form of higher expenses.

    pdf0p khanhchilam 29-03-2013 31 8   Download

  • The second difference has to do with the tax treatment of capital gains. In the United Kingdom, the system is simple: Investors only pay capital gains tax when they sell their shares in a fund. In the United States, however, investors face an additional form of capital gains tax. U.S. mutual funds must distribute net capital gains realized by the fund, and when they do so, their investors are liable for tax on these distributions.

    pdf134p khanhchilam 29-03-2013 48 8   Download

  • There are many popular investment books, but relatively few provide a dispassionate introduction to the controversies that surround the management of wealth. Even though there are plenty of important articles that take these controversies forward, few of the investment guides pull the different sides of the arguments together in one place. That is what this book seeks to do, in a way which is intended to be of practical use.

    pdf273p kimngan_1 04-11-2012 20 7   Download

  • In the implementation of our strategy we focus on the following ESG factors: Environmental: For us this means that we focus on climate change. We believe that climate change issues are very important and that climate change (related) policy will lead to more focus on, for instance, energy efficiency and urban regeneration and that it will lead to shifting tenant and investor preferences; Social: For us this means that we focus on human rights and work conditions.

    pdf22p quaivatxanh 01-12-2012 18 4   Download

  • heir indicators of low female autonomy include relatively large age differences between husbands and wives, relatively greater breaks between a woman’s natal and affinal homes on marriage, and relatively large gender gaps in educational indicators, as well as strong indicators of son preference. 2 Much other research confirms their general conclusions.

    pdf12p ut_hai_can 25-12-2012 17 4   Download

  • Further, in Canada, asset default factors for preferred shares, where rated, are based on the rating agency grade. For financial leases where rated, and the lease is also secured by the general credit of the lessee, the asset default factor is based on the rating agency grade.

    pdf30p enterroi 01-02-2013 26 4   Download

  • Consider my parents. My mother did not know any geomorphology or landscape ecology. Yet she enjoyed her familiar, Southern US rural land- scapes. My father enjoyed the fertility of the soils in the Shenandoah Valley in Virginia; he admired a good field. On visits around, he would take a spade and turn the soil to see whether it might make a good garden. He always knew what watershed he was in, what crops were growing where. He loved a good rain. Both enjoyed the changing seasons, the dogwood and redbud in the hills in the spring, the brilliant and subtle colours...

    pdf14p giamdocamnhac 06-04-2013 30 4   Download

  • Acres of Diamonds have been spread all over the United States, time and care have made them more valuable, and now that they have been reset in black and white by their discoverer, they are to be laid in the hands of a multitude for their enrichment. In the same case with these gems there is a fascinating story of the Master Jeweler’s life-work which splendidly illustrates the ultimate unit of power by showing what one man can do in one day and what one life is worth to the world.

    pdf190p transang4 01-10-2012 20 3   Download

  • Should you invest in a penthouse or in a studio? A three-story colonial or a two-bedroom ranch? The first time out, it’s probably best to invest in something on the small side. Unless you’re buying a move-in condition property and have a reliable tenant waiting in the wings, there’ll probably be a period of time before your investment starts generating income. During that period, you’ll have to make loan payments on the investment property from your regular income.

    pdf21p quaivatxanh 01-12-2012 17 3   Download

  • But uncertainty about the path of future interest rates (and differences in investor preferences) will make debt of different maturities imperfect substitutes. Because of this, changes in the mix of short-term and long-term bonds offered by the government will change relative prices and thus influence the shape of the yield curve. At the same time, monetary policy based on setting the policy rate becomes less effective: the lower the degree of asset substitutability, the weaker the transmission of changes in the overnight rate to other interest rates.

    pdf0p taisaovanchuavo 23-01-2013 15 3   Download

  • A similarly complex picture emerges from Liu’s (2008) phenomenological study of the interaction experiences of five students enrolled in distance education courses. Liu found that the level of interaction between students was affected by five interrelated factors: students’ learning styles and preferences; the instructor’s teaching style and course design; students’ perception of the nature of distance education courses; the course subject matter and level of difficulty; and the way students managed their time and...

    pdf10p thieubaotrang 16-04-2013 22 3   Download

  • Conwell Acres of Diamonds have been spread all over the United States, time and care have made them more valuable, and now that they have been reset in black and white by their discoverer, they are to be laid in the hands of a multitude for their enrichment. In the same case with these gems there is a fascinating story of the Master Jeweler’s life-work which splendidly illustrates the ultimate unit of power by showing what one man can do in one day and what one life is worth to the world.

    pdf31p vigro23 28-08-2012 32 2   Download

  • Prior to the 1980s, most preferred stocks were issued by regulated utility companies. From 1950 to 1979, 90 of the 108 preferred stock offerings were made by utilities. In the mid-1980s, financial firms began to issue preferred stocks, but the explosive growth in preferred stock issued by financial firms did not occur until after the Federal Reserve’s 1996 ruling on Tier 1 capital. Financial institutions became the dominant issuers of preferred stocks by the late 1990s. While non-financial firms in aggregate have been issuing a steady 30 to 60 new preferred stocks a...

    pdf0p quaivattim 04-12-2012 21 2   Download

  • Until July 2007, the S&P Preferred Stock Index was characterized by relative stability. Firm values of financial institutions were high and preferred stocks had returns which were similar to bonds. Beginning in the summer of 2007, the volatility of returns in the common stocks of financial firms increased significantly. The S&P Financial Sector Index approximately doubled in volatility in August 2007. After August 2007, the Preferred Stock Index became more correlated with the S&P 500 and the S&P Financial Index and less correlated with...

    pdf0p quaivattim 04-12-2012 20 2   Download

Đồng bộ tài khoản