A Granular Analysis of Corporate Investment

Download A Granular Analysis of Corporate Investment PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis A Granular Analysis of Corporate Investment by : Gustavo Grullon

Download or read book A Granular Analysis of Corporate Investment written by Gustavo Grullon and published by . This book was released on 2013 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital expenditures by the top 100 firms make up more than 60% of aggregate investment by publicly traded firms, and explain most of the variation in aggregate net fixed private non-residential investment. Surprisingly, these firms have the highest investment-cash flow sensitivity in the economy, despite being the least financially constrained. Further, contrary to the trend among smaller firms, the investment-cash flow sensitivity of the top capital spenders has not disappeared over time. For these firms, we find that cash flows provide better information about future investment opportunities than proxies for Tobin's q. In general, the results from our granular approach indicate that most of the existing evidence based on the behavior of the average firm does not apply to the firms that drive most of the aggregate fluctuations in investment.

The Flows of Funds Approach to Analysis of Corporate Investment

Download The Flows of Funds Approach to Analysis of Corporate Investment PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 87 pages
Book Rating : 4.:/5 (843 download)

DOWNLOAD NOW!


Book Synopsis The Flows of Funds Approach to Analysis of Corporate Investment by : Jerome D. Muhlenberg

Download or read book The Flows of Funds Approach to Analysis of Corporate Investment written by Jerome D. Muhlenberg and published by . This book was released on 1965 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Granularity of Growth

Download The Granularity of Growth PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118045475
Total Pages : 263 pages
Book Rating : 4.1/5 (18 download)

DOWNLOAD NOW!


Book Synopsis The Granularity of Growth by : Patrick Viguerie

Download or read book The Granularity of Growth written by Patrick Viguerie and published by John Wiley & Sons. This book was released on 2011-01-13 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: While growth is a top priority for companies of all sizes, it can be extremely difficult to create and maintain—especially in today’s competitive business environment. The Granularity of Growth will put you in a better position to succeed as it reveals why growth is so important, what enables certain companies to grow so spectacularly, and how to ensure that growth comes from multiple sources as you take both a broad and a granular view of your markets.

Does Taxation Stifle Corporate Investment? Firm-Level Evidence from ASEAN Countries

Download Does Taxation Stifle Corporate Investment? Firm-Level Evidence from ASEAN Countries PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484344227
Total Pages : 27 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Does Taxation Stifle Corporate Investment? Firm-Level Evidence from ASEAN Countries by : Mr.Serhan Cevik

Download or read book Does Taxation Stifle Corporate Investment? Firm-Level Evidence from ASEAN Countries written by Mr.Serhan Cevik and published by International Monetary Fund. This book was released on 2018-03-02 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper conducts a firm-level analysis of the effect of taxation on corporate investment patterns in member states of the Association of Southeast Asian Nations (ASEAN). Using large-scale panel data on nonfinancial firms over the period 1990–2014, and controlling for macro-structural differences among countries, we find a significant degree of persistence in firms’ net fixed investments over time, which vary with firm characteristics, such as size, sales, profitability, leverage, and age. Our analysis brings up interesting empirical results, including nonlinear patterns of behavior in firms’ capital investment decisions acrosss ASEAN countries. Concerning the main variable of interest, we find that a moderate level of taxation does not hinder business investment, but this effect turns negative as higher tax burden raises the user cost of capital and distorts resource allocations.

Which Firms Follow the Market? An Analysis of Corporate Investment Decisions

Download Which Firms Follow the Market? An Analysis of Corporate Investment Decisions PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!


Book Synopsis Which Firms Follow the Market? An Analysis of Corporate Investment Decisions by : Tor-Erik Bakke

Download or read book Which Firms Follow the Market? An Analysis of Corporate Investment Decisions written by Tor-Erik Bakke and published by . This book was released on 2006 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do firms extract information from their own stock prices when making investment decisions? To answer this question, we use and extend an econometric errors-in-variables remedy, which is appropriate because movements in the stock price in which the manager takes little interest can be treated econometrically as measurement error. We find that firm investment does not respond to measures of stock-market mispricing. Investment does respond to legitimate information in price movements, but only for firms that rely on outside equity financing and whose shares are not mispriced. Interestingly, these firms' behavior changed only little during the late 1990s.

Responsible Investing

Download Responsible Investing PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351361929
Total Pages : 270 pages
Book Rating : 4.3/5 (513 download)

DOWNLOAD NOW!


Book Synopsis Responsible Investing by : Matthew W. Sherwood

Download or read book Responsible Investing written by Matthew W. Sherwood and published by Routledge. This book was released on 2018-09-21 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides the first holistic resource on Environmental, Social, and Governance (ESG) investing for undergraduate and graduate programs. It provides a thorough background and history of ESG investing, as well as cutting-edge industry developments, in a way that introduces the reader to the rapidly developing field of responsible investing. Beginning with a comprehensive background of ESG investing and the development of models measuring risk and return, the book then discusses the development of ESG risks, and provides an overview of ESG rating systems. The textbook also outlines the current position of ESG investing in portfolio management through granular analysis, provides insight into common investor concerns about ESG investments, discloses qualitative theories relevant to ESG investing, and reviews literature attempting to model ESG investment performance. Finally, the authors provide readers with a foundation on the development of financial models measuring risk and return, which will be useful for measuring the performance of ESG investments. With case studies from contributors around the world, this textbook is the first of its kind to truly provide a compelling blend of quantitative and qualitative analysis supporting the incorporation of ESG investment strategies into investment portfolios. Offering an excellent overview of the growing trends in ESG investing, as well as a close analysis of ESG theories and their practical application both today and in the future, this book will be a great resource for both undergraduates and graduate students.

Philippines

Download Philippines PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484326865
Total Pages : 43 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Philippines by : International Monetary Fund. Asia and Pacific Dept

Download or read book Philippines written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-11-10 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper assesses potential spillover effects to the Philippines from US policy shifts and lower growth in China. The US fiscal expansion affects the Philippine economy through the interest rate and the trade channels. The net spillover impact on Philippine GDP is negative in the short term. Compared with the productive case, in which the net output impact is positive, the US nominal policy rate rises by less, but faster normalization of the US term premium leads to higher real interest rates. On the other hand, the gain from trade is smaller owing to the weaker domestic demand expansion in the United States.

The End of Accounting and the Path Forward for Investors and Managers

Download The End of Accounting and the Path Forward for Investors and Managers PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119191084
Total Pages : 268 pages
Book Rating : 4.1/5 (191 download)

DOWNLOAD NOW!


Book Synopsis The End of Accounting and the Path Forward for Investors and Managers by : Baruch Lev

Download or read book The End of Accounting and the Path Forward for Investors and Managers written by Baruch Lev and published by John Wiley & Sons. This book was released on 2016-06-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.

Alternative Data

Download Alternative Data PDF Online Free

Author :
Publisher : Wiley
ISBN 13 : 9781119465003
Total Pages : 0 pages
Book Rating : 4.4/5 (65 download)

DOWNLOAD NOW!


Book Synopsis Alternative Data by : Mani Mahjouri

Download or read book Alternative Data written by Mani Mahjouri and published by Wiley. This book was released on 2024-06-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shift the balance of power from company to investor through intensified use of data Alternative Data opens a gateway to the future of investing, using Open Halo technology to provide real-time performance analysis and breathtaking data visualization. Once solely available to the elites, this technology utilizes observational and transactional data covering vast numbers of stocks to analyze and forecast a company’s performance, often months ahead of any official announcement. This book shows you how to leverage this capability to make smarter investment decisions and predict market moves based on much more than conjecture. Imagine if you could access satellite imagery showing that a particular store’s parking lot was always full, correlated with credit card transactions showing a spike in sales, alongside social media analysis indicating an unprecedented rate of content generation from inside the store—what would you do with that information? A month later, when the company announces a breakthrough in sales, you’re ahead of the game. This granular level of analysis is set to become the de facto standard for smart investors, and now is a great time to start getting out in front of the pack. This book takes you inside the datasets and shows you how to turn them into profit. The companion website features interactive videos that reinforce major topics, giving you everything you need to start getting creative with data. Leverage Open Halo technology to visualize highly complex market phenomena Learn how to turn transactional and observational data into smart investing moves Get ahead of the curve by conducting a more granular analysis Forecast performance in real time with systematic evaluation of large swaths of stocks Today’s investors have access to data at an unprecedented scale; failing to leverage that data is like leaving money on the table. Alternative Data is your key guide for getting up and running with next-level visualizations that fuel smart decisions in any market.

The Analysis of Structured Securities

Download The Analysis of Structured Securities PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 9780198034834
Total Pages : 516 pages
Book Rating : 4.0/5 (348 download)

DOWNLOAD NOW!


Book Synopsis The Analysis of Structured Securities by : Sylvain Raynes

Download or read book The Analysis of Structured Securities written by Sylvain Raynes and published by Oxford University Press. This book was released on 2003-09-25 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Analysis of Structured Securities presents the first intellectually defensible framework for systematic assessment of the credit quality of structured securities. It begins with a detailed description and critique of methods used to rate asset-backed securities, collateralized debt obligations and asset-backed commercial paper. The book then proposes a single replacement paradigm capable of granular, dynamic results. It offers extensive guidance on using numerical methods in cash flow modeling, as well as a groundbreaking section on trigger optimization. Casework on applying the method to automobile ABS, CDOs-of-ABS and aircraft-lease securitizations is also presented. This book is essential reading for practitioners who seek higher precision, efficiency and control in managing their structured exposures.

Dynamic Corporate Investment Decision Analysis

Download Dynamic Corporate Investment Decision Analysis PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 1020 pages
Book Rating : 4.:/5 (17 download)

DOWNLOAD NOW!


Book Synopsis Dynamic Corporate Investment Decision Analysis by : Robert Alvin Thompson

Download or read book Dynamic Corporate Investment Decision Analysis written by Robert Alvin Thompson and published by . This book was released on 1984 with total page 1020 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An International Comparison of Corporate Investment Behavior

Download An International Comparison of Corporate Investment Behavior PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis An International Comparison of Corporate Investment Behavior by : Masaharu Hanazaki

Download or read book An International Comparison of Corporate Investment Behavior written by Masaharu Hanazaki and published by . This book was released on 1997 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Responsible Investing

Download Responsible Investing PDF Online Free

Author :
Publisher : Taylor & Francis
ISBN 13 : 100087365X
Total Pages : 281 pages
Book Rating : 4.0/5 (8 download)

DOWNLOAD NOW!


Book Synopsis Responsible Investing by : Matthew W. Sherwood

Download or read book Responsible Investing written by Matthew W. Sherwood and published by Taylor & Francis. This book was released on 2023-05-15 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Responsible Investing serves as a holistic resource on Environmental, Social, and Governance (ESG) investing for undergraduate and graduate programs. It provides a thorough background and history of ESG investing, as well as cutting-edge industry developments, introducing the reader to the rapidly evolving field of responsible investing. Building on the first edition, this second edition provides updates where appropriate, as well as new emphasis on the development of standards in terminology and metrics. Opening with the background of ESG investing, the book discusses the development of ESG risks and provides an overview of ESG rating systems. It outlines the current position of ESG investing in portfolio management through granular analysis, offers insight into common investor concerns about ESG investments, presents qualitative theories, and reviews literature modeling ESG investment performance. Finally, the authors provide readers with a foundation on the development of financial models measuring risk and return, which can be used to evaluate the performance of ESG investments. This edition features updated statistics and a new chapter on regulation, reporting, and taxonomy in ESG investing, as well as new international case studies. Following a summary approach, Responsible Investing is a valuable textbook, providing a context in which upper-level students of ESG investment and sustainable finance can specialize.

The Determinants of Corporate Investment

Download The Determinants of Corporate Investment PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 334 pages
Book Rating : 4.:/5 (494 download)

DOWNLOAD NOW!


Book Synopsis The Determinants of Corporate Investment by : Yehuda Grunfeld

Download or read book The Determinants of Corporate Investment written by Yehuda Grunfeld and published by . This book was released on 1958 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Investment Announcements and Informational Asymmetries

Download Corporate Investment Announcements and Informational Asymmetries PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (229 download)

DOWNLOAD NOW!


Book Synopsis Corporate Investment Announcements and Informational Asymmetries by : Steve Rich

Download or read book Corporate Investment Announcements and Informational Asymmetries written by Steve Rich and published by . This book was released on 1989 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Behavioral Finance: The Second Generation

Download Behavioral Finance: The Second Generation PDF Online Free

Author :
Publisher : CFA Institute Research Foundation
ISBN 13 : 1944960864
Total Pages : 255 pages
Book Rating : 4.9/5 (449 download)

DOWNLOAD NOW!


Book Synopsis Behavioral Finance: The Second Generation by : Meir Statman

Download or read book Behavioral Finance: The Second Generation written by Meir Statman and published by CFA Institute Research Foundation. This book was released on 2019-12-02 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral finance presented in this book is the second-generation of behavioral finance. The first generation, starting in the early 1980s, largely accepted standard finance’s notion of people’s wants as “rational” wants—restricted to the utilitarian benefits of high returns and low risk. That first generation commonly described people as “irrational”—succumbing to cognitive and emotional errors and misled on their way to their rational wants. The second generation describes people as normal. It begins by acknowledging the full range of people’s normal wants and their benefits—utilitarian, expressive, and emotional—distinguishes normal wants from errors, and offers guidance on using shortcuts and avoiding errors on the way to satisfying normal wants. People’s normal wants include financial security, nurturing children and families, gaining high social status, and staying true to values. People’s normal wants, even more than their cognitive and emotional shortcuts and errors, underlie answers to important questions of finance, including saving and spending, portfolio construction, asset pricing, and market efficiency.

Factor Investing and Asset Allocation: A Business Cycle Perspective

Download Factor Investing and Asset Allocation: A Business Cycle Perspective PDF Online Free

Author :
Publisher : CFA Institute Research Foundation
ISBN 13 : 1944960155
Total Pages : 192 pages
Book Rating : 4.9/5 (449 download)

DOWNLOAD NOW!


Book Synopsis Factor Investing and Asset Allocation: A Business Cycle Perspective by : Vasant Naik

Download or read book Factor Investing and Asset Allocation: A Business Cycle Perspective written by Vasant Naik and published by CFA Institute Research Foundation. This book was released on 2016-12-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: