financial system’s structure on firms’ financial constraints Christopher F. Baum a‚ b‚ *‚ Dorothea Schäfer b‚ c‚ Oleksandr Talavera d a Department of Economics‚ Boston College‚ Chestnut Hill‚ MA 02467‚ USA DIW Berlin‚ Mohrenstraße 58‚ 10117 Berlin‚ Germany Jönköping International Business School‚ Jönköping‚ Sweden d School of Economics‚ University of East Anglia‚ Norwich NR4 7TJ‚ UK b c a b s t r a c t JEL classification: G32 G30 Keywords: Financial constraints Financial structure Financial development
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Describe the book that you like most What is the name of it? When did you read it? From where did you collect it? Explain why you like the book? Describe a movie that made a good impression on you. What is the name of the movie? When did you watch it? Who else was with you? Explain why it made such impression on you. Describe a television programme you found interesting? What is the name of it? When did you first watch it? What type of programme is it? Explain why you think it is interesting Describe
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under the old fashioned premise that “cash is king‚ and debt is bad”. As of late their capital structure has become a big issue amongst investors. They are concerned that the current unlevered structure is not maximizing value and are wary of the risks associated with the companies large and growing cash balances. Currently BBBY is facing the issue of trying to decide wether their current capital structure is optimal moving into the future‚ and if not‚ what decisions they need to make to achieve
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Rapid Development 40 INVENTIVE PRINCIPLES OF TRIZ Lamablawa Mario Valentino Alfarro S.T Production and Economics‚ University of Applied Sciences‚ Lemgo‚ North Rhine Westphalia‚ Germany Abstract This paper gives a description and also examples of 40 Inventive Principles used in TRIZ problem solving. First of all introducing will be given such as brief explanation about TRIZ it self and 40 Inventive Principles. This paper further will focus on this 40 Inventive Principles. Elaborating
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Can Capital Punishment be justified in today’s world? Capital punishment‚ which refers to the act of sentencing a convict to death‚ has been in existence as long as there has been crime and laws. The death penalty serves as the ultimate punishment a state can impose on an individual‚ and is traditionally reserved for crimes that are particularly serious and heinous‚ such as murder‚ rape or treason. However‚ in today’s world where there is increased emphasis on justice‚ liberty and individual rights
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What is cost of capital? The cost of capital is the cost of obtaining funds‚ through debt or equity‚ in order to finance an investment. It is used to evaluate new projects of a company‚ as it is the minimum return that investors expect for providing capital to the company‚ thus setting a benchmark that a new project has to meet. Importance The concept of cost of capital is a major standard for comparison used in finance decisions. Acceptance or rejection of an investment project depends on the
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WORKING CAPITAL AND FIXED CAPITAL AND ITS ADVANTAGES Introduction: A firm requires funds to acquire two types of assets : fixed assets and current assets .Fixed assets include land biulding ‚ plant‚ and machinary ‚ vehicles ‚ equipment etc.These assets relatively permanent in nature and are necessary for carrying on the bussiness .Current assets ‚on the other hand ‚are kept for supporting day-to-day operations and keep changing during the course of the business.They liquidated within short period
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1. What type of capital structure should a firm choose and why? In your answer‚ be sure to include capital structure fallacies and their effects on a firm’s decision. Capital structure is the relative proportions of debt‚ equity‚ and other securities that a firm has outstanding. When a firm need to raise funds from investors they must choose which type of security to issue. There are typically two different types: financing through equity alone‚ or financing through a combination of debt and
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Corporate Finance and Investment 1. Define “Working Capital” Working Capital=Current Assets-Current Liabilities =Accounts Receivable + Inventory - Accounts Payable “Working capital is how much in liquid assets that a company has on hand. Working capital is needed to pay for planned and unexpected expenses‚ meet the short-term obligations of the business‚ and to build the business.” 2. Give concrete measures how w.c. can be optimized (receivable‚ inventories (JIT
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LITERATURE REVIEW A lot of investigators have studied working capital from different perspective and in different Surroundings. The subsequent ones were quite appealing and constructive for our study. The connection between profitability and liquidity was observed‚ as calculated by Current ratio on a section of joint stock businesses in Saudi Arabia via correlation and regression analysis. The learning established that the cash adaptation cycle was of more significance as a computation of liquidity
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