Corporate Tax‚ Cost of Debt‚ Cost of Equity and Capital Structure: A case study of REITs and conventional real estate firms in the UK University of Groningen Faculty of Economics and Business BSc International Business January 2013 Table of contents 1. Introduction 4 2. REITs 7 3. Literature Review 9 3.1 Capital Structure Irrelevance 9 3.2 Present Models 10 4. Data and Methodology 12 4.1 Regression 12 5. Findings and Discussion 16 6. Conclusion 20 7. Appendix
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Introduction Debt‚ what is it really? It can be defined as a relationship between a borrower and a lender. The borrower is called a debtor and the lender is called the creditor. This relationship can extend from a couple of individuals to mega corporations and as well as nations. It all started in the United States. In the beginning‚ banks are and other lenders are doing well. Interest rates were low and cheap loans were available and they lent money and keep on debt with no problem. They
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National Debt on the Economy | | | | Table of Contents Abstract………………………………………………………………………………………………………………………………………..3 Introduction………………………………………………………………………………………………………………………………….4 Literature Review………………………………………………………………………………………………………………………….9 Discussion…………………………………………………………………………………………………………………………………….10 References……………………………………………………………………………………………………………………………………11 Abstract This article discusses the shape the economy is in. Then the article examines what national debt is‚ and the
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Bocconi University Milan‚ Italy 2011 The external debt in the European Union Member States. The Bulgarian case. Final Paper 1 ..................................................................................................................... 3 .............................................................................................................. 4 ...................................................... 6 ..............................................................
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borrowed money to increase production volume‚ thus sales and earnings. Therefore‚ the greater the amount of debt‚ the greater the financial leverage. Financial leverage is express as debt ratio. Debt ratio is the percentages of the firm long term liability against the capital employed. The company should keep the debt ratio same and to ensure that the company are always be able to pay for the debt. Bankruptcy issue may arise if the firm did not having a proper financial management. Theoretically
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Fiscal Policy‚ Debt and Budget deficits in Thailand The size of Thailand government debt To judge the size of Thailand government debt is to compare it to the debt of other countries and to the debt that Thailand has had during the own past. Table 1 shows the amount of government debt for 34 countries express as a percentage of each country’s GDP in year 2009 and year 2010.On the top of the list are the heavily indebted countries of Japan and Italy‚ which have accumulated a debt that exceed annual
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DEBT! DEBT! DEBT! How did the US get in so much debt? That is one of the most common questions people ask. So why are we in so much debt? Well there are many reasons why‚ like‚ Deficit spending‚ spending too much money on things we could spend less on‚ and another reason is borrowing money with interest. So why is the US in so much debt? Well you’re about to find out. Well first of all‚ deficit spending is an issue that the US has. Deficit spending is when the government spends more money than
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Summery Islamic Mode of Financing in other Countries (Malaysia‚ Iran‚ Sudan‚ Saudi Arabia) Introduction Islamic banking and finance may not be a totally new concept‚ the widespread expansion of this form of banking is certainly a fairly recent phenomena. There are more than 600 Islamic banking institutions and these institutions not only operate in Muslim countries‚ but have also gained footing in non-Muslim countries. Consensus forecasts expect the asset size of global IFSI to hit US$2 trillion
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Financing SMEs –Key Challenges and issues for Bankers Wickrama Narayana Chief Manager-SME Development People’s Bank The definition of Small & Medium scale Enterprises (SMEs) varies from country to country. The classification can be based on the firm’s assets‚ number of employees‚ or annual turnover along with the loan amount. Central Bank of Sri Lanka defines SMEs as enterprises with less than Rs. 600 million turnover per annum and with a maximum exposure of Rs. 200 million mainly to be classified
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The argument’s main idea is that the U.S. debt is continuing to increase‚ and the government needs to halt this growth. The author‚ Kimberly Amadeo‚ begins her argument by explaining that the U.S. debt is held by the American public and the governments of other countries. Our debt is the largest in the world‚ and is continuing to increase. The article also explains how the debt became so massive. Amadeo states that the debt is caused by an accumulation of Federal budget deficits and presidents borrowing
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