www.pwc.com Guide to Accounting for Variable Interest Entities 2012 This publication has been prepared for general information on matters of interest only, and does not constitute professional advice on facts and circumstances specific to any person or entity. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information
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Pacer Ltd transferred equipment to Thelma Ltd in exchange for the receipt of $1M cash and a 25% equity ownership stake in Thelma Ltd. Pacer Ltd’s book basis in the transferred equipment was $6M, and the equipment was recently appraised for $6.5M. The fair value of the investment in Thelma Ltd is $5.5M, and the fair value is reliably determined. The investment gives Pacer Ltd significant influence over Theta, but is not a controlling financial interest in Thelma Ltd. Thelma Ltd is in the business
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MSc in Shipping Trade & Finance 2011/2012 Alternative Sources of raising capital in shipping corporations: Bridging the Funding Gap By Linos Alexandros Kogevinas 100021584 Supervisor: Dr. Giovanni Cespa Acknowledgments Having completed a rather long, but enjoyable year at Cass Business School , I feel obligated to thank a few people who helped me along the way. Firstly, I’d like to offer my most sincere thanks to my supervisor, Dr. Giovanni Cespa for accepting to supervise me
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diversification risk exposure. This type of risk amplified the need to expand into other states in order to diversify and mitigate microeconomic fluctuations in California. With expansion efforts still intact, Nancarrow sought another source of capital as fuel. Equity financing is no longer demanded as management, including Nancarrow, were afraid that ownership will be diluted. Therefore, SKM has pooled its efforts to search for an investor that is willing to provide a source
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recapitalizations; and, management and leveraged buyouts. When mezzanine debt is used in conjunction with senior debt it reduces the amount of equity required in the business. As equity is the most expensive form of capital, it is most cost effective to create a capital structure that secures the most funding, offers the lowest cost of capital, and maximizes return on equity. Mezzanine debt has been around for over 30 years, however its use in Western Canada and the Pacific Northwest is relatively new and
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company involving private equity players , and it showcases a example of how private equity firms typically restructure and streamline the acquired company, subsequently executing their exit strategy via an initial public offering. In this paper, I will first provide a background on the leverage buyout and privatization of Amtek in 2007. This will be followed by an elaboration on the strategic, operational and organizational restructuring measures implemented by the new owners. Lastly, we shall examine
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Leadership qualities: Equity theory I. Relevant facts * Equity theory was coined by John Stacey Adams in 1963 on job motivation * It does not concentrate on the “individual self,” but includes the other employees * The “self” compares him or herself with other employees in the organization * When people feel well treated and appreciated in the job place, they get motivated to perform. * When they are not appreciated, they are demotivated and grow a feeling of disaffection
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being bought and sold, and providing the security of sustained future revenues to their owner. The value directly or indirectly accrued by these various benefits is often called brand equity (Kapferer, 2005; Keller, 2003). A basic premise of brand equity is that the power of a brand lies in the minds of consumers and what they have experienced and learned about the brand over time. Brand equity can be thought of as the "added value" endowed to a product in the thoughts, words,
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of Cooperative Management University Road, Pune- 411 007 ------------------------------------------------- Brand equity Brand equity is a phrase used in the marketing industry which describes the value of having a well-known brand name, based on the idea that the owner of a well-known brand name can generate more money from products with that brand name than from products with a less well known name, as consumers believe that a product with
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ABSTRACT BACKGROUND: During the last two years, most of the Private Equity (PE) companies of Bangladesh have increased their investments significantly. Easy access to capital, as well as inexpensive leverage, has led to an increase in activity of PE buy-outs of market leaders with strong cash flow. The competition for objects that are for sale has amplified, which has resulted in price increases of the objects. The higher prices offered by the PE companies also affects the number of initial public
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