Download or read book Applications de la th orie des options l analyse de contrats de dette written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book APPLICATIONS DE LA THEORIE DES OPTIONS A L ANALYSE DE CONTRATS DE DETTE written by Pascal François and published by . This book was released on 1999 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: NOUS DEVELOPPONS TROIS APPLICATIONS DE LA THEORIE DES OPTIONS A DES PROBLEMES SPECIFIQUES A L'ECRITURE ET A L'EVALUATION DES CONTRATS DE DETTE. PREMIEREMENT, NOUS ETABLISSONS DE FACON SYSTEMATIQUE LA CORRESPONDANCE ENTRE LE TYPE DE CONTRAT DE DETTE CHOISI PAR LA FIRME ET LA FORME OPTIONNELLE DE L'ACTION QUI EN DECOULE. CETTE FORME OPTIONNELLE EST UN ENJEU DE NEGOCIATIONS ENTRE CREANCIERS ET ACTIONNAIRES AFIN DE LIMITER L'INCITATION QU'ONT CES DERNIERS A AUGMENTER LE RISQUE DE LA FIRME. NOUS ETUDIONS DIFFERENTES CLAUSES, AINSI QUE CERTAINS MOYENS QU'ONT LES ACTIONNAIRES POUR DETOURNER LE CONTRAT DE DETTE, QUI FONT DE L'ACTION UNE OPTION COMPLEXE. DEUXIEMEMENT, NOUS EVALUONS LES TITRES EMIS PAR LES ENTREPRISES LORSQUE LA PROCEDURE DE FAILLITE EST PRISE EN COMPTE. L'ACCENT EST MIS SUR LA LEGISLATION AMERICAINE, MAIS LE MODELE EST AUSSI APPLIQUE A LA SITUATION FRANCAISE LORS D'UNE ETUDE DE CAS. LES IMPACTS DE LA PROCEDURE DE FAILLITE SUR LES DECISIONS FINANCIERES DE L'ENTREPRISE SONT QUE (I) LE LEVIER OPTIMAL DIMINUE LORSQUE LA FIRME A DROIT A UNE PERIODE D'OBSERVATION, (II) SI LES AYANTS DROIT ENVISAGENT DE REORGANISER LA FIRME, LES ACTIONNAIRES ONT INTERET A DECLARER UN DEFAUT PRECOCE, (III) POUR UNE FIRME AU LEVIER OPTIMAL, LES PRIMES DE RISQUE DE DEFAUT SONT INDEPENDANTES DE LA PROCEDURE DE FAILLITE. TROISIEMEMENT, NOUS EXAMINONS LA RENEGOCIATION DU CONTRAT DE DETTE SOUVERAINE QUI CONSISTE A REDUIRE LE NOMINAL DE LA DETTE OU A ALLONGER SA MATURITE. NOUS MONTRONS QU'IL EXISTE UN ESPACE DE RENEGOCIATION OU LES DEUX PARTIES PARTAGENT UN SURPLUS. NOTRE MODELE EXPLIQUE CERTAINSFAITS STYLISES DE LA DETTE SOUVERAINE, A SAVOIR QUE (I) LES PAYS RISQUES OU TRES ENDETTES OBTIENNENT UN FINANCEMENT, (II) LA REDUCTION DE DETTE PEUT ETRE PROFITABLE AUX DEUX PARTIES, DE MEME QUE (III) L'ACCORD COMBINANT REDUCTION DE DETTE ET REECHELONNEMENT D'UNE PETITE PARTIE DU NOMINAL.

Download or read book L APPLICATION DE LA THEORIE DES OPTIONS A L EVALUATION DES INVESTISSEMENTS DES ENTREPRISES written by Robert Trommsdorff and published by . This book was released on 2000 with total page 1000 pages. Available in PDF, EPUB and Kindle. Book excerpt: DANS CETTE THESE, LES PROBLEMES D'EVALUATION ET DE GESTION DES INVESTISSEMENTS DES ENTREPRISES SONT TRAITES EN PRESENCE D'INCERTITUDE ET D'IRREVERSIBILITE TOTALE OU PARTIELLE. IL S'AGIT D'ETUDIER L'APPLICATION DE LA THEORIE DES OPTIONS AUX DECISIONS D'INVESTISSEMENTS DES FIRMES. CE NOUVEAU CHAMP D'INVESTIGATION DE LA THEORIE DES OPTIONS EN MATIERE D'INVESTISSEMENT EST APPELE “ THEORIE DES OPTIONSREELLES ”. CETTE APPROCHE PERMET, PAR ANALOGIE AVEC LES OPTIONS FINANCIERES, D'ANALYSER LES PROJETS DES ENTREPRISES DANS UN CADRE DYNAMIQUE, OU L'INCERTITUDE ET LA GESTION INTERTEMPORELLE DES CHOIX D'INVESTISSEMENT COEXISTENT. AU SEIN DE LA THEORIE DES OPTIONS REELLES, CETTE THESE TENTE DE REPONDRE A CERTAINS PROBLEMES D'EVALUATION ET DE GESTION DES INVESTISSEMENTS QUI SONT OCCULTES OU DONT LA REPONSE N'EST QUE PARTIELLEMENT SATISFAISANTE. LA PREMIERE PARTIE CONCERNE L'IDENTIFICATION D'UNE FLEXIBILITE PARTICULIERE ET SON EVALUATION PAR LA THEORIE DES OPTIONS. DANS LE PREMIER CHAPITRE, NOUS TRAITONS DES DIFFERENTES FLEXIBILITES ETUDIEES DANS LA LITTERATURE. DANS UN SECOND CHAPITRE, NOUS PRESENTONS UNE OPTION GENERALE DE FLEXIBILITE. LA SECONDE PARTIE DE LA THESE ANALYSE LES INTERACTIONS POSSIBLES ENTRE DIFFERENTES OPTIONS REELLES. EN EFFET, LES PROJETS D'INVESTISSEMENT ONT GENERALEMENT PLUSIEURS FLEXIBILITES QUI INTERAGISSENT ENTRE ELLES. LE PROBLEME POUR CES TYPES D'INVESTISSEMENT EST TOUT D'ABORD L'EVALUATION DU PORTEFEUILLE D'OPTIONS REELLES ET LA GESTION D'UN TEL PROJET. LE PREMIER CHAPITRE TRAITE DE L'EVALUATION DES COMBINAISONS D'OPTIONS REELLES ET LE SECOND CHAPITRE TRAITE DE LA GESTION DES PROJETS COMPLEXES OU INTERAGISSENT LES OPTIONS REELLES. LA TROISIEME PARTIE TENTE D'EXTRAIRE LES INFORMATIONS DES MARCHES FINANCIERS NECESSAIRES A L'EVALUATION D'UN PROJET. NOUS ETUDIONS DEUX ASPECTS QUI SONT, D'UNE PART L'EXTRACTION DES INFORMATIONS PROCUREES PAR LES ACTIFS FINANCIERS ET D'AUTRE PART L'INCIDENCE DE LA MODELISATION DE L'INCERTITUDE DE LA VARIABLE D'ETAT SUR L'EVALUATION ET LA GESTION D'UN PROJET FLEXIBLE. NOUS AVONS CHOISI LE CAS PARTICULIER DES INVESTISSEMENTS PETROLIERS POUR FAIRE NOTRE ETUDE SUR LA MODELISATION DU RISQUE. NOUS NOUS INTERROGEONS SUR LA MODELISATION DU PRIX DU PETROLE ET SON INCIDENCE SUR L'EVALUATION ET LA POLITIQUE D'INVESTISSEMENT OPTIMALE DE PROJETS PETROLIERS.

Download or read book CA Magazine written by and published by . This book was released on 1985 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Revue Roumaine D tudes Internationales written by and published by . This book was released on 1989 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Recueil Des Cours Collected Courses 1937 written by Acadimie de Droit International de La Haye and published by Martinus Nijhoff Publishers. This book was released on 1970-12-01 with total page 820 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Academy is a prestigious international institution for the study and teaching of Public and Private International Law and related subjects. The work of the Hague Academy receives the support and recognition of the UN. Its purpose is to encourage a thorough and impartial examination of the problems arising from international relations in the field of law. The courses deal with the theoretical and practical aspects of the subject, including legislation and case law. All courses at the Academy are, in principle, published in the language in which they were delivered in the "Collected Courses of the Hague Academy of International Law .

Download or read book Glossary of Finance and Debt written by and published by . This book was released on 1990 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Glosario Del Banco Mundial written by World Bank and published by World Bank Publications. This book was released on 1996 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of the World Bank has been revised and expanded by the Terminology Unit in the Languages Services Division of the World Bank in collaboration with the English, Spanish, and French Translation Sections. The Glossary is intended to assist the Bank's translators and interpreters, other Bank staff using French and Spanish in their work, and free-lance translator's and interpreters employed by the Bank. For this reason, the Glossary contains not only financial and economic terminology and terms relating to the Bank's procedures and practices, but also terms that frequently occur in Bank documents, and others for which the Bank has a preferred equivalent. Although many of these terms, relating to such fields as agriculture, education, energy, housing, law, technology, and transportation, could be found in other sources, they have been assembled here for ease of reference. A list of acronyms occurring frequently in Bank texts (the terms to which they refer being found in the Glossary) and a list of international, regional, and national organizations will be found at the end of the Glossary.

Download or read book Advanced Introduction to Entrepreneurial Finance written by Hans Landström and published by Edward Elgar Publishing. This book was released on 2017-06-30 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book synthesises and stretches our knowledge on entrepreneurial finance and will be invaluable for high level MBA students. It reviews the state-of-the-art and the context of entrepreneurial finance, before outlining the entrepreneur's perspective on the demand for capital, the financier's perspective on its supply and the future direction of research in the area.

Download or read book bookdown written by Yihui Xie and published by CRC Press. This book was released on 2016-12-12 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: bookdown: Authoring Books and Technical Documents with R Markdown presents a much easier way to write books and technical publications than traditional tools such as LaTeX and Word. The bookdown package inherits the simplicity of syntax and flexibility for data analysis from R Markdown, and extends R Markdown for technical writing, so that you can make better use of document elements such as figures, tables, equations, theorems, citations, and references. Similar to LaTeX, you can number and cross-reference these elements with bookdown. Your document can even include live examples so readers can interact with them while reading the book. The book can be rendered to multiple output formats, including LaTeX/PDF, HTML, EPUB, and Word, thus making it easy to put your documents online. The style and theme of these output formats can be customized. We used books and R primarily for examples in this book, but bookdown is not only for books or R. Most features introduced in this book also apply to other types of publications: journal papers, reports, dissertations, course handouts, study notes, and even novels. You do not have to use R, either. Other choices of computing languages include Python, C, C++, SQL, Bash, Stan, JavaScript, and so on, although R is best supported. You can also leave out computing, for example, to write a fiction. This book itself is an example of publishing with bookdown and R Markdown, and its source is fully available on GitHub.

Download or read book The Evolutionary Interpretation of Treaties written by Eirik Bjørge and published by . This book was released on 2014 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: If a treaty from the 1850s regulating 'commerce' or forbidding 'degrading treatment of persons' is to be interpreted 150 years later, does 'commerce' or 'degrading treatment of persons' have the same meaning at the time of interpretation as they had when the treaty was agreed? The evolutionary interpretation of treaties has proven one of the most controversial topics in the practice of international law. Indeed, it has been seen as going against the very grain of the law of treaties, and has been argued to be contrary to the intention of the parties, breaching the principle of consent. This book asks what the place of evolutionary interpretation is within the understanding of treaties, at a time when many important international legal instruments are over 50 years old. It sets out to place the evolutionary interpretation of treaties on a firm footing within the general rule of interpretation, as codified in Article 31 of the Vienna Convention on the Law of Treaties. The book demonstrates that the evolutionary interpretation of treaties - in common with all other types of interpretation such as good faith, the text of the treaty, context, object and purpose - is in fact a based upon an objective understanding of the intention of the parties. In order to marry intention and evolution in this way, the book argues that, on the one hand, evolutionary interpretation is the product of the correct application of Article 31 and, on the other, that Article 31 is geared towards the establishment of the intention of the parties. The evolutionary interpretation of treaties is therefore shown to represent an intended evolution.

Download or read book Sovereignty in Action written by Bas Leijssenaar and published by Cambridge University Press. This book was released on 2019-07-18 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sovereignty, originally the figure of 'sovereign', then the state, today meets new challenges of globalization and privatization of power.

Download or read book European Contract Law written by Bénédicte Fauvarque-Cosson and published by Walter de Gruyter. This book was released on 2009-04-27 with total page 649 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Association Henri Capitant des Amis de la Culture Juridique Française and the Société de législation comparée joined the academic network on European Contract Law in 2005 to work on the elaboration of a "common terminology" and on "guiding principles" as well as to propose a revised version of the Principles of European Contract Law (PECL). The results of this work were sent to the European Commission and have already been published in French. The English translation is now being published by sellier.elp. This work could contribute to the wider European project. The part on the guiding principles could be a component of the CFR, in the form of "black letter" model rules or recitals. The part on terminology is, in itself, useful for the elaboration of the final various linguistic versions of the CFR. It finds its place within the materials which will accompany the model rules. Last but by no means least, the revised version of the PECL should be considered by the European institutions as an alternative set of model rules on contract law.

Download or read book Handbook for Integrating Risk Analysis in the Economic Analysis of Projects written by Asian Development Bank and published by . This book was released on 2002 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aiming to support the development of a framework for the analysis of risk in project design and economic analysis, this handbook outlines technical approaches to modeling risk. Also summarized is the nature and practice of sensitivity analysis in dealing with uncertain outcomes as well as the principles to consider in typical risk analysis situations sector by sector. Case studies are included to demonstrate the application of quantitative risk analysis using actual Asian Development Bank projects to help improve project design and quality. Handbook users will learn to identify factors that are the key determinants of project outcomes, determine the likelihood of an individual project's returns being unacceptable, and design measures to mitigate the risks arising from the identified key factors.

Download or read book History of Concepts written by Iain Hampsher-Monk and published by Amsterdam University Press. This book was released on 1998 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hoewel enorm invloedrijk in Duitstalig Europa, heeft de conceptuele geschiedschrijving (Begriffsgeschichte) tot nu toe weinig aandacht in het Engels gekregen. Dit genre van intellectuele geschiedschrijving verschilt van zowel de Franse geschiedschrijving van mentalités als de Engelstalige geschiedschrijving van verhandelingen door het concept. Aan de hand van practische voorbeelden in de geschiedschrijving wordt deze vorm toegelicht door Bram Kempers, Eddy de Jongh en Rolf Reichardt.

Download or read book Secession written by Marcelo G. Kohen and published by Cambridge University Press. This book was released on 2006-03-21 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive study of secession from an international law perspective.

Download or read book Causation in European Tort Law written by Marta Infantino and published by Cambridge University Press. This book was released on 2017-12-28 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes an original and comparative approach to issues of causation in tort law across many European legal systems.