Considerations of the Investment in Bonds
!!!Considerations of the Investment in Bonds In an introductory corporate finance course, you may learn that the relationship between the interest rate and price of a bond is inverse (convex). But,...
View ArticleShare-Based Compensation
With the dot-com boom since 1995, financial newspapers have been replete with terms such as employee call options, stock purchase plans, restricted stocks, and stock appreciation rights. What are these...
View ArticleTax Lien
When people cannot pay the back taxes for whatever reason, they tend to bury their heads in the sand or panic not to respond to payment demand letters from the IRS. Your best bet, however, is to...
View ArticleInterest Rates
What is a common thread going through the whole macroeconomic system, linking all the separate players such as the government, businesses, and consumers? It is the interest rate. It acts as a signal...
View ArticleLBO
!!!Introduction Hilton Hotel chains, PetSmart, Inc., Georgia-Pacific LLC, and First Data Corp. are some of target companies of the leveraged buyouts from the 1980s through 2000s. The American private...
View ArticleSharpe Ratio
!!!Overview They say that you cannot compare apples to oranges. In the investment world, there are thousands of potential and conflicting investment candidates with different combinations of risk and...
View ArticleCMO
!!!Overview Sub-prime mortgage and the collateralized mortgage obligations (CMOs) that packaged them were singled out for precipitating the financial crisis of 2008. What is a collateralized mortgage...
View ArticleDirectors often don’t verify information they receive from management with...
Corporate boards may be overlooking critical information about emerging risks—in areas such as cybersecurity or workplace sexual harassment—by relying too heavily on information they receive from...
View Article2019 Staff Inspections Outlook for Audit Committees
The Board’s new strategic plan anticipated enhanced external engagement and more proactive communication with our stakeholders, including audit committees, to inform them about our core...
View ArticleBig Data
Big data is high-volume, high-velocity and high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making.
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