ARTICLE IN PRESS Journal of Financial Economics 77 (2005) 529–560 www.elsevier.com/locate/jfec What drives merger waves?$ Jarrad Harfordà University of Washington Business School‚ Box 353200‚ Seattle‚ WA 98195-3200‚ USA Received 5 December 2003; accepted 24 May 2004 Available online 4 January 2005 Abstract Aggregate merger waves could be due to market timing or to clustering of industry shocks for which mergers facilitate change to the new environment. This study finds that economic
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Topic: International Investing Project Student Name: Tutor: Question 1(a) Fiqure: 1(a) Figure 1(a) above shows a graph snippet of the performance of the Nokia stock against the performance of the finland’s stock market. A relationship can be identified between the two graphs as changes in the finland’s stock market translate to changes in the Nokia stock in the same direction. When the performance of finland market goes up‚ the Nokia stock performance goes up and vice verser. An increase
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Dowry system is when the bride’s family gives goods‚ money‚ or estate to her husband and his family during marriage (E. Pauls Prine (Ed.)‚ 2008). This practice is mostly common in South Asia‚ specifically the Indian culture (E. Pauls Prine (Ed.)‚ 2008). On the other hand is the practice of bride price system which is where the husband gives cattle‚ land or goods in exchange for a woman’s hand in marriage (Schwimmer‚ 2002). This is mostly practiced in Africa among traditional households‚ where it
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Chapter 7 Test Review Problem 7-1 Bond valuation Callaghan Motors’ bonds have 5 years remaining to maturity. Interest is paid annually‚ they have a $1‚000 par value‚ the coupon interest rate is 6.5%‚ and the yield to maturity is 11%. What is the bond’s current market price? Round your answer to the nearest cent. Annual Interest Payment = Par Value * Coupon Rate $1‚000 * 6.5%= 65 Financial Calculator N= 5 I/YR= 11% PMT= -65 FV= -$1‚000 Find PV? Bond’s Current Market Price= 833.68 Problem7-2
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1. a) b) c) d) A firm has the following items on its balance sheet: Cash $20‚000‚000 inventory 134‚000‚000 Notes Payable to bank 31‚500‚000 common stock ($10 par; 1‚000‚000) 10‚000‚000 Retained earnings 98‚500‚000 Describe how each of these account would appear after: A cash dividend of $1 per share Cash will decrease by $1‚000‚000. Retained earnings will decrease by $1‚000‚000. All other accounts are not affected. A 10 percent stock dividend (fair market value of stock is $13 per
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Corporate Reporting and Financial Analysis Prof Wang Jiwei HOMEWORK #2 Suggested Solutions Question 1 Determinants of Income P2-9. Determining missing amounts on income statement |AJAX Corporation | |Income Statement | |For the
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CORPORATE HEAD OFFICE [pic] Jiban Bima Tower 11th floor‚ 10 Dilkusha C/A‚ Dhaka Bangladesh Phone: +880-2- 9561883 (Auto Hunting) Fax: +880-2- 9563728 E-mail: energy@bol-online.com Website: www.energypac-bd.com | ENERGYPAC POWER GENERATION LTD. [pic] 79‚ Shahid Tajuddin Sarani Tejgaon I/A‚ Dhaka-1208 Bangladesh Phone: +88-02-8870669 (Auto Hunting) Mobile: +88-01711-363749 Fax: +880-2- 8870697 E-mail: epgl@energypac.com Website: www.energypac.com For Generator Related Query: sales.pgd@energypac
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Martin A perspective on regional and global strategies of multinational enterprises‚ A.Rugman and A.Verbeke; Regional strategies for global leadership‚ Pankaj Ghemawat The importance of globalization and crucial role of MNEs are amplified in first article. However‚ not all MNEs worldwide are considered to be global but rather regional or semi-globalized. Also‚ the article talks about the concept of triad power as power of market penetration and exploitation as well as avoiding blind spots (unpredictable
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FRS 140 Investment Properties Definition Investment property is property (land or a building” or part of a building” or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both‚ rather than for: (a) | use in the production or supply of goods or services or for administrative purposes; or | (b) | Sale in the ordinary course of business. | Objective The objective of this Standard is to prescribe the accounting treatment for investment
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Board of Investment About the Board of Investment Thailand Board of Investment (BOI) is an agency of the Government of Thailand to promote investment in that country. It provides investment information and services for investors‚ as well as many incentives. And it is operated under the Ministry of Industry and is the principal government agency for encouraging investment. The BOI is available to assist you in numerous ways‚ including: Enhancing Competitiveness and Investment Facilitation
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