Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Government lending
Languages : en
Pages : 36
Book Description
Loan Asset Sales
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Government lending
Languages : en
Pages : 36
Book Description
Publisher:
ISBN:
Category : Government lending
Languages : en
Pages : 36
Book Description
Government Loan Asset Sales
The Administration's Proposal for Federal Loan Asset Sales and Credit Programs
Author: United States. Congress. House. Committee on Small Business
Publisher:
ISBN:
Category : Credit control
Languages : en
Pages : 260
Book Description
Publisher:
ISBN:
Category : Credit control
Languages : en
Pages : 260
Book Description
Budgetary and Economic Implications of Asset Sales
Author: United States. Congress. House. Committee on the Budget
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 172
Book Description
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 172
Book Description
Year End Asset Sales, Institutions Resolution, Management, and the Strategic Plan
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance. Resolution Trust Corporation Task Force
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 460
Book Description
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 460
Book Description
The Effect of Leverage on Asset Sales Between Financial Institutions
Author: Mr.Sonali Das
Publisher: International Monetary Fund
ISBN: 148431817X
Category : Business & Economics
Languages : en
Pages : 17
Book Description
This paper analyzes how the leverage of financial institutions affects their demand for assets and the resulting value of transactions between financial institutions. The results show a positive relationship between buyer capital and the likelihood of buying assets, and between buyer capital and the value of the deal. That is, those institutions that are the least constrained in their ability to raise funding are those that demand assets and pay more for them. This result does not hold, however, for deposit-taking institutions that had access to several government programs designed to improve their liquidity position during the crisis of 2008.
Publisher: International Monetary Fund
ISBN: 148431817X
Category : Business & Economics
Languages : en
Pages : 17
Book Description
This paper analyzes how the leverage of financial institutions affects their demand for assets and the resulting value of transactions between financial institutions. The results show a positive relationship between buyer capital and the likelihood of buying assets, and between buyer capital and the value of the deal. That is, those institutions that are the least constrained in their ability to raise funding are those that demand assets and pay more for them. This result does not hold, however, for deposit-taking institutions that had access to several government programs designed to improve their liquidity position during the crisis of 2008.
Asset Sales, Firm Performance, and the Agency Costs of Managerial Discretion
Author: Larry H. P. Lang
Publisher:
ISBN:
Category : Asset-backed financing
Languages : en
Pages : 68
Book Description
We argue that management sells assets when doing so provides the cheapest funds to pursue its objectives rather than for operating efficiency reasons alone. This hypothesis suggests that (1) firms selling assets have high leverage and/or poor performance, (2) a successful asset sale is good news and (3) the stock market discounts asset sale proceeds retained by the selling firm. In support of this hypothesis, we find that the typical firm in our sample performs poorly before the sale and that the average stock-price reaction to asset sales is positive only when the proceeds are paid out.
Publisher:
ISBN:
Category : Asset-backed financing
Languages : en
Pages : 68
Book Description
We argue that management sells assets when doing so provides the cheapest funds to pursue its objectives rather than for operating efficiency reasons alone. This hypothesis suggests that (1) firms selling assets have high leverage and/or poor performance, (2) a successful asset sale is good news and (3) the stock market discounts asset sale proceeds retained by the selling firm. In support of this hypothesis, we find that the typical firm in our sample performs poorly before the sale and that the average stock-price reaction to asset sales is positive only when the proceeds are paid out.
Budget Deficits and Asset Sales
Author: Ewen McCann
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 30
Book Description
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 30
Book Description
Privatization
Author: United States. President's Commission on Privatization
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 302
Book Description
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 302
Book Description
Warranties and Indemnities on Share Sales
Author: Neil Sinclair
Publisher:
ISBN: 9780851215501
Category : Corporations
Languages : en
Pages : 380
Book Description
An account of the need for and the implications of warranties and indemnities in agreements for the purchase of a group of companies. View points of the vendor, warrantor and purchaser are explored and it suggests ways in which warranties and indemnities can be modified for their protection.
Publisher:
ISBN: 9780851215501
Category : Corporations
Languages : en
Pages : 380
Book Description
An account of the need for and the implications of warranties and indemnities in agreements for the purchase of a group of companies. View points of the vendor, warrantor and purchaser are explored and it suggests ways in which warranties and indemnities can be modified for their protection.