Audit Quality and Cost of Debt Capital for Private Firms: Evidence from Finland Jukka Karjalainen Department of Business University of Eastern Finland April 10‚ 2010 Abstract The purpose of this paper is to examine the value relevance of the perceived audit quality in terms of who audits‚ as well as the audit outcomes in terms of the auditor’s opinion and accruals quality‚ in the pricing of debt capital for privately-held firms by examining a large sample of privately-held Finnish firms. The
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17th AnnuAl GenerAl MeetinG Date: Time: Venue: Thursday‚ 24 June 2010 10.00 a.m. AirAsia Academy Lot PT 25B Jalan KLIA S5 Southern Support Zone KLIA‚ 64000 Sepang Selangor Darul Ehsan Malaysia Notice of Annual General Meeting page 151 19.1% Truly ASEAN 2009 saw AirAsia Berhad (“AirAsia”) maintain its strong growth trajectory despite being a challenging year for the aviation industry. Underpinning our growth is our increasing penetration of the ASEAN (Association of Southeast Asian Nations)
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along with the further clarification on the cost of capital using DCF approach. The cost of capital is a term used in the field of financial investment to refer to the cost of a company’s funds‚ both debt and equity‚ or from an investors’ point of view‚ the shareholders required return on a portfolio of a company’s existing securities. 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
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Services divisions. The hurdle rate is the cost of capital based on an estimate of the corporation’s WACC. 2. Please estimate the segment WACCs for Teletech (see the worksheet in case Exhibit 1). As you do this‚ carefully note the points of judgment in the calculation. Corporate Telecommunications Products & Systems MV asset weights 100% 75% 25% Bond rating A-/BBB+ A BB Pretax cost of debt 5.88% 5.74% 7.47% Tax rate 40% 40% 40% After-tax cost of debt 3.53% 3.44% 4.48% Equity beta
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News Release 27 February 2013 STRONG PERFORMANCE AND GOOD STRATEGIC PROGRESS Annual Results 2012 Interserve‚ the international support services and construction group‚ reports a strong performance with its annual results for the year ended 31 December 2012. 2012 Revenue Headline pre-tax profit* Profit before tax Underlying Headline earnings per share* Net cash / (debt) Full-year dividend Financial highlights Strong future workload up 12.5 per cent to £6.3 billion‚ as at 31 December
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FA S T R E TA I L I N G C O . ‚ LT D . Annual Report 2005 Year ended August 31‚ 2005 contents A message from the Chairman‚ President & CEO Our Group UNIQLO business Business model Products Production Stores People Overseas activities 6 11 14 14 16 18 20 22 23 CSR Corporate history Financial section Investor information Corporate information M&A strategy COMPTOIR DES COTONNIERS FOOT PARK Theory 24 25 26 27 28 30 32 54 55 It all started here The origin of our “anybody‚ anywhere‚ everyday”
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FRANKSTON PHOTOGRAPHIC CLUB INC A0047095S ANNUAL GENERAL MEETING MINUTES MEETING HELD AT THE CLUB ROOMS 26 HIGH STREET FRANKSTON AT 7PM‚ 21st NOVEMBER 2012 PRESENT; Peter Kewley‚ Jeff Symons‚ Cheryl Adams‚ Gail Penny‚ Dennis Nolan‚ Bob Hayter‚ Judith Meier‚ Bob date‚‚ Kath Munchow‚ Peggy Lee‚ Trevor Rogers‚ Keith Smith‚ Craig Pettigrew‚ Suzanne Pettigrew‚ Mary Bongers‚ Max lane‚ Keith Bollard‚ Peter Carty‚ Stan Barnett‚ David Norris‚ Bob Williamson‚ Paulette Schmitt‚ Rose Marie Burns‚ John
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Harvey Nash Group plc Annual Report 2013 About Harvey Nash Harvey Nash‚ a global professional recruitment and outsourcing consultancy‚ is committed to delivering the very best talent and business solutions to a broad base of international clients. With over 7‚000 professionals worldwide‚ the Group is a trusted adviser to many of the world’s leading businesses‚ governments and public organisations. We operate from 40 offices covering the USA‚ Europe and Asia. Our talented people pursue the highest
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JYSK Nordic 2007-2008 ANNUAL REPORT 1 Forward – together Foreword This is the Annual Report 07/08 for JYSK Nordic‚ the designation given to the companies in the JYSK Group with stores in Scandinavia‚ Central Europe‚ the Netherlands and the UK. This report covers 11 of the 32 countries in which JYSK is currently represented. This annual report does not cover JYSK companies such as Dänisches Bettenlager in Germany and Austria or JYSK in Switzerland and France. JYSK Franchise and other
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington‚ D.C. 20549 Form 10-K þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 29‚ 2011 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-32637 GameStop Corp. (Exact name of registrant
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