Download or read book The Effect on a Company s Share Price and Long Term Returns with the Injection of Funds Into Environmental Investment for Listed Resource Companies in South Africa written by Karina Naidoo and published by . This book was released on 2008 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Sovereign Borrowing Outlook 2021 written by OECD and published by OECD Publishing. This book was released on 2021-05-20 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of the OECD Sovereign Borrowing Outlook reviews developments in response to the COVID-19 pandemic for government borrowing needs, funding conditions and funding strategies in the OECD area.
Download or read book The Effects of Responsible Investment written by Jonathan Harris and published by . This book was released on 2016 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on three key questions for responsible investors: 1. Does responsible investment lead to outperformance or underperformance? 2. Can responsible investing actually impact company behaviour? 3. What is the optimal way to allocate an investment portfolio in a responsible way? These questions are answered by constructing an equilibrium model of the financial economy in which active neutral investors (with no knowledge or regard for environmental risk) and active responsible investors (who take environmental risk into account) bid for shares in companies with varying levels of environmental risk. The companies in turn are able to pay a cost to reduce their environmental risk. Companies choose the amount of reduction that they pay for so as to maximise their share price, as determined by demand for their shares from the active investors. In addition, several types of passive index investors are considered in the model including investors who follow a Divestment strategy, an Environmental Tracking (ET) index strategy and a combined Environmental Tracking and Divestment strategy.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book The Medium long Term Impact of Cross border Investments Into Sub Saharan Africa by Listed South African Companies written by Pieter Christiaan De Jager and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Research into whether the medium-long term impact on shareholders' value of acquiring companies engaged in cross-border merger and acquisition transactions (CBMA) into Sub-Saharan Africa. By focussing on companies listed on the Johannesburg Securities Exchange (JSE) and testing the general hypothesis whether the shareholders of acquiring companies earn statistically significant positive or negative returns within the medium-long term after the announcement date of a cross-border merger and acquisition transaction. Out of a total of 10,167 merger and acquisition transactions over the eight-year period between 2000 and 2007, only 12 cross-border mergers and acquisitions into Sub-Saharan Africa satisfied all the selection criteria. By exhaustive application of the single-factor market model to calculate the regression formula using 4 years of historical share price performance data, the results suggested that statistically significant negative weighted average abnormal returns for shareholders are consistently present over the event window. The study on the medium-long term event window starting 21 days prior to the first public announce of the transactions and continued up to 252 trading days after the announcement date. Thus it satisfied common critique by researchers about the true value of short term event studies for companies and their shareholders. Copyright.
Download or read book The Relationship Between Environmental Social Governance Factors and Stock Returns written by John R. Evans and published by . This book was released on 2014 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus by investment practitioners on the impacts of non-traditional environmental and governance issues has intensified in recent times as a result of global events. This paper examines the relationship between environmental social governance (ESG) factors and financial performance of US listed companies by considering not only impacts on stock return but also stock valuation and operating performance. Using a multifactor framework, this study provides evidence of a significant positive relationship between particular ESG rating criteria and both return on assets and market to book value measures, supporting the stakeholder theory that Corporate Social Performance (CSP) is positive for Corporate Financial Performance (CFP). Analysis also shows that employment conditions are a more relevant influence than other stakeholder criteria and a company's involvement in more general non-stakeholder related social issues contributes negatively to both operating performance and stock return.
Download or read book Stock Market Returns of Leading Green Companies of USA in Comparison with Their Benchmark Indices written by Ajith Sankar R.N. and published by . This book was released on 2013 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies are increasingly finding innovative ways to do business in a sustainable manner. These corporations are responding to their own needs to run a conscience-driven business and also the needs of consumers who are looking forward to buy products and services that are friendly to the natural environment. A concern among companies and investors that wanted to go green was whether it will affect the competitiveness of the company and its stock market returns. This paper sets out to assess whether companies engaged in green practices has lower than average stock market returns. An empirical study was carried out using a simple research tool, percentage analysis. The study measured stock market returns over various time frames for leading companies that are ecology friendly, and it was compared with the stock market returns of leading benchmark indices. Rankings generated by an independent body, the Newsweek magazine's Green Rankings, was used during the study. Certain preliminary conclusions are derived. The research led to the suggestion that the stock market returns of companies engaged in green practices are higher than the broad market returns. The study was limited to companies listed in US stock exchanges. The study only used the first list released by Newsweek - Newsweek Green Ranking 2009. The study may give hope and confidence to individuals and firms that engaging in green practices may help to improve the purpose of their existence. This study may break the long-held belief that doing good to the society by going green does not make good business sense. In a context where matching the returns provided by the broad market index itself is considered an achievement by the investors, an out-performance signals that being ecologically sustainable need not mean lesser returns to investors. Fund management firms may look into investing in firms that are only green. Individuals may consider investment in environment-friendly companies as a safer option for investment. Firms may look into improving their focus on green practices.
Download or read book Fiscal Regimes for Extractive Industries Design and Implementation written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2012-08-16 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors, according to a new policy paper from the International Monetary Fund. Revenues from extractive industries (EIs) have major macroeconomic implications. The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries. About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación
Download or read book Finding the Value in Environmental Social and Governance Performance written by Dinah Koehler and published by . This book was released on 2013 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: We'd all like to find the pot of gold at the end of the rainbow. This is no less true in the world of sustainable investing, which seeks to leverage a company's environmental, social and governance (ESG) performance to identify winning stocks. To date, managers of approximately $30 trillion in financial assets - all signatories to the United Nations Principles for Responsible Investment (UN PRI) - are trying to identify companies with higher levels of ESG performance and strong returns. For nearly all of the world's largest publicly traded companies, reporting on ESG performance is table stakes. ESG management is on the agenda of more CFOs. Yet when questioned, many investors doubt whether that pot of gold exists, and companies are having a hard time convincing them. These doubts have been detrimental to how much companies invest in ESG management, and make it more difficult to argue for mandating disclosure of ESG metrics because they are financially material. Integration of ESG criteria into investment strategy has reached an estimated $10.7 trillion in assets under management, only about seven percent of the total global market. How companies approach ESG and report their performance varies greatly, and this idiosyncratic behavior only further clouds the issue. Mixed messages from the academic community do not help.At the heart of the matter is the kind of information investors pay attention to. Our review of the empirical research on investor behavior confirms that ESG issues can trigger a crisis, which often leads to fundamental changes in a company's management, culture and financial well-being. A growing class of risks, they can be financially material and increasingly a concern in today's growth-challenged and volatile environment, where even small shocks from the outside world can impact whether a company sinks or swims. Those companies that are demonstrably prepared for ESG shocks can better mitigate the downside risks, both short and long-term. This makes disclosure on how companies manage their ESG risks all the more critical, because it can help capture investor interest and establish the long-term value of ESG management.
Download or read book Popular Science written by and published by . This book was released on 2007-08 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular Science gives our readers the information and tools to improve their technology and their world. The core belief that Popular Science and our readers share: The future is going to be better, and science and technology are the driving forces that will help make it better.
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book Black Enterprise written by and published by . This book was released on 2000-06 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: BLACK ENTERPRISE is the ultimate source for wealth creation for African American professionals, entrepreneurs and corporate executives. Every month, BLACK ENTERPRISE delivers timely, useful information on careers, small business and personal finance.
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1970-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
Download or read book Our Common Future written by and published by . This book was released on 1990 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mining Royalties written by and published by World Bank Publications. This book was released on 2006-01-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a wealth of information and analysis relating to mineral royalties. Primary information includes royalty legislation from over forty nations. Analysis is comprehensive and addresses issues of importance to diverse stakeholders including government policymakers, tax administrators, society, local communities and mining companies. Extensive footnotes and citations provide a valuable resource for researchers.
Download or read book Black Enterprise written by and published by . This book was released on 2000-06 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: BLACK ENTERPRISE is the ultimate source for wealth creation for African American professionals, entrepreneurs and corporate executives. Every month, BLACK ENTERPRISE delivers timely, useful information on careers, small business and personal finance.
