Download or read book Similarly Traded Securities written by Nikolaos T. Milonas and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the price spread between voting (common) and non-voting (preferred) stocks during the period 1990-1995 for a sample of 55 Greek companies. Because in Greece preferred stocks are not essentially different from common stocks, a number of hypotheses were tested to explain the observed differences. The data reveal an average spread of 27.5% for the entire period which, however, varies across years considerably. In cross-sectional regressions it was found that the volatility of common stock returns, the liquidity of common shares relative to preferred shares, the ownership concentration, and the minimum dividend yield guaranteed to preferred stockholders explain a significant portion of the spread.
Download or read book The Work of Wall Street written by Sereno Stansbury Pratt and published by . This book was released on 1908 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Market 2000 written by United States. Securities and Exchange Commission. Division of Market Regulation and published by . This book was released on 1994 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Philadelphia Stock Exchange and the City It Made written by Domenic Vitiello and published by University of Pennsylvania Press. This book was released on 2010-04-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Philadelphia Stock Exchange and the City It Made recounts the history of America's first stock exchange and the ways it shaped the growth and decline of the city around it. Founded in 1790, the Philadelphia Stock Exchange, its member firms, and the companies they financed had profound impacts on the city's place in the world economy. At its start, the exchange and its members helped spur the development of the early United States, its financial sector, and its westward expansion. During the nineteenth century, they invested in making Philadelphia the center of industrial America, raising capital for the railroads and coal mines that connected cities to one another and built a fossil fuel-based economy. After financing the Civil War, they underwrote the growth of the modern metropolis, its transportation infrastructure, utility systems, and real estate development. At the turn of the twentieth century, stagnation of the exchange contributed to Philadelphia's loss of power in the national and world economy. This original interpretation of the roots of deindustrialization holds important lessons for other cities that have declined. The exchange's revival following World War II is a remarkable story, but it also illustrates the limits of economic development in postindustrial cities. Unlike earlier eras, the exchange's fortunes diverged from those of the city around it. Ultimately, it became part of a larger, global institution when it merged with NASDAQ in 2008. Far more than a history of a single institution, The Philadelphia Stock Exchange and the City It Made traces the evolving relationship between the exchange and the city. For people concerned with cities and their development, this study offers a long-term history of the public-private partnerships and private sector-led urban development popular today. More generally, it traces the networks of firms and institutions revealed by the securities market and its participants. Herein lies a critical and understudied part of the history of metropolitan economic development.
Download or read book Liquidity Markets and Trading in Action written by Deniz Ozenbas and published by Springer Nature. This book was released on 2022 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book addresses four standard business school subjects: microeconomics, macroeconomics, finance and information systems as they relate to trading, liquidity, and market structure. It provides a detailed examination of the impact of trading costs and other impediments of trading that the authors call rictions It also presents an interactive simulation model of equity market trading, TraderEx, that enables students to implement trading decisions in different market scenarios and structures. Addressing these topics shines a bright light on how a real-world financial market operates, and the simulation provides students with an experiential learning opportunity that is informative and fun. Each of the chapters is designed so that it can be used as a stand-alone module in an existing economics, finance, or information science course. Instructor resources such as discussion questions, Powerpoint slides and TraderEx exercises are available online.
Download or read book SEC Docket written by United States. Securities and Exchange Commission and published by . This book was released on 1996 with total page 1180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Records Briefs New York State Appellate DIvision written by and published by . This book was released on with total page 1268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Valuation of Unlisted Direct Investment Equity written by Emmanuel O. Kumah and published by International Monetary Fund. This book was released on 2009-11-01 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the seven valuation methods for unlisted direct investment equity included in the recently adopted IMF Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6). Based on publicly available Danish data, we test the three methods that are generally applicable and find that the choice of valuation method and estimation technique can have a highly significant impact on the international investment position, pointing to the need for further harmonization. The results show that the price-to-book value method generates more robust market value estimates than the price-to-earnings method. This finding suggests that the valuation basis for the forthcoming Coordinated Direct Investment Survey - own funds at book value -will provide useful information for compiling the international investment position.
Download or read book Herd Behavior in Financial Markets written by Sushil Bikhchandani and published by . This book was released on 2000 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Register written by and published by . This book was released on 2012-07 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Advanced Accounts Volume II 19th Edition written by Shukla M.C./ Grewal T.S. & Gupta S.C. and published by S. Chand Publishing. This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Keeping in pace with the changing accounting practices, this revised edition of Advanced Accounts - Volume II provides a contemporary and comprehensive presentation of accounting concepts and applications.
Download or read book Call Auction Trading written by Robert A. Schwartz and published by Springer Science & Business Media. This book was released on 2003-03-31 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electronic call auction is an important trading vehicle in many market centers around the world, and it should play a far more central role in the U.S. equity markets. Yet call auctions are not known or understood by many market participants in the U.S. The purpose of Call Auction Trading: New Answers to Old Questions is to consider how a call auction facility operates and its broader role in the marketplace. A spectrum of questions are raised and debated. What is a call auction? How should call auctions be designed? How should call auction and continuous trading be integrated in a hybrid market structure? What is the price discovery function of a call auction, especially at market openings? When the dust settles on the answers, it may be recognized that the introduction of electronic call auction trading in our markets is one of the most profound changes in U.S. equity market structure that could be made.
Download or read book Double Accounting for Goodwill written by Martin Bloom and published by Routledge. This book was released on 2013-05-13 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Goodwill, sometimes purchased but often more significantly internally generated, is the major constituent of the value of many listed companies. Accounting aims to provide users of financial statements with useful information, and more than fifty current International Financial Reporting Standards prescribe accounting disclosure requirements in minute detail. However, these Standards dismiss internally generated goodwill with a single brief provision that it is not to be brought to account at all. The impairment regime now laid down for dealing with purchased goodwill contains severe flaws, while previous methods have also been found to be unsatisfactory. This book traces the history of the goodwill accounting controversy in detail and demonstrates that it has been a prime example of an issue ‘conceived in a way that it is in principle unsolvable’. It explores the problem of recognising the importance of goodwill as a whole and finding a way of presenting meaningful information regarding it in the context of the financial statements. The author’s proposed solution builds upon research undertaken and uses a Market Capitalization Statement, based on a modification of nineteenth century ‘double accounting’ in a modern context. Examples show that the proposed Market Capitalization Statement has the potential to provide significant information not currently available form conventional financial statements, which in turn are freed to present clearer information.
Download or read book Authorization of Customs and Trade Functions written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2006 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reauthorization of the Commodity Futures Trading Commission written by United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry. Subcommittee on Agricultural Research and General Legislation and published by . This book was released on 1978 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulatory Reform Legislation written by United States. Congress. Senate. Committee on Governmental Affairs and published by . This book was released on 1979 with total page 1432 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regional Cooperation for Sustainable Food Security in South Asia written by Nagesh Kumar and published by Taylor & Francis. This book was released on 2019-08-02 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume foregrounds the importance of regional cooperation in the context of food security challenges in South Asia. South Asia holds the key to global achievement of SDG targets of ending hunger and malnutrition – it accounts for nearly one-third of food-insecure people on the planet, with every third child suffering from stunting due to malnutrition. Similar food preferences, production systems, and the transboundary nature of agrarian ecosystems call for coordinated action by South Asian countries, complementing national actions dealing with food security challenges. In this volume, leading experts discuss the perspectives of key South Asian countries in leveraging regional cooperation for addressing food security challenges and reflect on the potential of cooperative actions in different areas. The book proposes a ten-point regional policy agenda covering cooperation for combatting climate change, regional trade liberalization, operationalization of regional food reserves, leveraging technology, sharing of good practices, regional institution building, coordinated positions in multilateral trade negotiations, addressing trans-boundary outbreak of livestock diseases, strengthening food safety standards, and the management of shared natural resources. A key volume on accomplishing SDGs in the South Asian context, this book will be of immense interest to policy makers, researchers, and development practitioners. It is also essential reading for scholars and researchers in the areas of development studies, South Asia studies, food security, environment and sustainability.
