THE IMPLICATIONS OF CAPITAL STRUCTURE THEORY AND REGULATION FOR SOUTH AFRICAN BANKING INSTITUTIONS By WESLEY NAIDU Submitted in partial fulfillment of the requirements for the degree MAGISTER COMMERCII in FINANCIAL MANAGEMENT SCIENCES In the FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES At the UNIVERSITY OF PRETORIA SUPERVISOR: Prof. JOHANNES HvH DE WET November 2011 -i- ABSTRACT The topic of capital structure has been one that has plagued the academic world for a number of years
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Research Paper Capital structure and financing decision - Evidence from the four Asian Tigers and Japan Kuang-Hua Hsu1* and Ching-Yu Hsu2 1 Department of Finance‚ Chaoyang University of Technology‚ Taiwan‚ Republic of China 168 Jifong E. Road.‚ Wufong District‚ Taichung City 41349‚ Taiwan‚ Republic of China. 2 Department of Finance‚ National Taiwan University‚ Taiwan‚ R. O. C‚ No.1 Sec. 4‚ Roosevelt Road‚ Taipei‚ 10617‚ Taiwan‚ Republic of China. Accepted 14 June‚ 2011 This paper examines
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Capital market OF Bangladesh 1. Introduction A capital market is a market for securities (debt or equity)‚ where business enterprises (companies) and governments can raise long-term funds. It is defined as a market in which money is provided for periods longer than a year‚ as the raising of short-term funds takes place on other markets (e.g.‚ the money market). The capital market includes the stock market (equity securities) and the bond market (debt). Financial regulators‚ such
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The Capital Budget Instructor: Dr. Joseph McCue Public Budgeting and Finance - PAD 505 August 11‚ 2013 The Oklahoma City budget includes the addition of 40 new police officer positions‚ bringing the total number of uniform police positions to 1‚116. Eleven more positions were added in other City departments. Total City positions will increase 1.1 percent to 4‚580. The budget also includes an additional $1 million for METRO Transit bus service enhancements. The City hired
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Capital Project “A capital expenditure is a commitment of resources that is expected to provide benefits during a reasonably long period‚ at least two or more years” (Cleverly & Cameron‚ 2007‚ p. 397). Sometimes it can be difficult to determine the difference between a capital expenditure and a routine expense. A capital expenditure improves the value of the asset‚ whereas a routine expense is used for maintenance of that asset. For example‚ installation of a new bathroom in a
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The Cost of Capital for Goff Computer‚ Inc. Rahul Parikh BUS650: Managerial Finance (MAH1209A) Dr Charles Smith March 18‚ 2012. The Cost of Capital for Goff Computer‚ Inc.: 1. Most publicly traded corporations are required to submit 10Q (quarterly) and 10K (annual) reports to the SEC detailing their financial operations over the previous quarter or year‚ respectively. These corporate fillings are available on the SEC Web site at www.sec.gov. Go to the SEC Web site‚ follow the “Search for
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SMITMC06_0131825089.QXD 3/28/06 6:57 AM Page 239 REVISED PAGES CHAPTER Working Memory 6 Le arn i ng O b j ec t i ves 1. Using Working Memory 1.1. A Computer Metaphor 1.2. Implications of the Nature of Working Memory 2. From Primary Memory to Working Memory: A Brief History 2.1. William James: Primary Memory‚ Secondary Memory‚ and Consciousness 2.2. Early Studies: The Characteristics of Short-Term Memory 2.2.1. Brevity of Duration 2.2.2. Ready Accessibility 2.3. The Atkinson-Shiffrin Model: The
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Working in teams: Evaluation of effective teamwork K. McNeill Grand Canyon University: Organizational Behavior 08/03/2013 Introduction What exactly is an effective team? The concept of an effective team refers to individuals who have been randomly selected to function as a collective group (professionally). As a group‚ they are responsible for meeting specific goals by illustrating excellent verbal communication
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dilemma if it was necessary to make discounts for 4-stars room of the forte village. This might help their sales not drip down too much but will affect the quality services or other aspects. Giannuzzi have to figure out a best way to set prices strategy for the best known property - Forte Village Resort. What Giannuzzi facing the problem is how should he set prices for the 2010 leisure season? Should the prices be higher‚ lower or the same as 2009? Objectives: For this case we offer three objectives
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CAPITAL BUDGETING The process in which a business determines whether projects such as building a new plant or investing in a long-term venture are worth pursuing. Oftentimes‚ a prospective project’s lifetime cash inflows and outflows are assessed in order to determine whether the returns generated meet a sufficient target benchmark. Also known as "investment appraisal." Generating investment project proposals consistent with the firm’s strategic objectives; Estimating after-tax incremental
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