Public finance

Bhatia and Mishra, S. (2007), in the study “Non-Performing Assets of Indian Public, Private and Foreign Sector Banks: An Empirical Assessment” examined the fundamental factors which impact NPA of banks using an extended Altman model. The model consisted macroeconomic factors and bank specific parameters. The macroeconomic factors…

new owners need to service it even though no cash is received on this debt in 1979. – It is convenient, for valuation purposes, to assume that all debts (old, new, preferred stock) are paid off at the end of 1984 when the LBO group takes the company public again and sells it for its terminal value.1 • Terminal Value. Obtaining an accurate measure of the terminal value is critical in this case. You may start with the following as an approximation: Terminal Value as of 1984 = (1 + g) × (Avg…

and has many disaffects towards, the funding of the health care industry. There is an incredible amount of financial costs for both insurance based public and private within the administrative portion. Financial management is an extremely important aspect that is impacting health care the health care industry. There are major sources of healthcare finances, which include the out…

National Development Bank PLC ( NDB Bank) is a banking as well as financial institution of Sri Lanka, NDB is headquartered in Colombo, Sri Lanka (at No 40, Nawam Mawatha, Colombo 2). NDB begun its operations in1979 as a state-owned development of finance institution. NDB was set up by Sri Lanka Act No 2 of 1979 as “National Development Bank of Sri Lanka” In January 1979 as a wholly state owned institution. In 1993 NDB was changed its ownership structure as privatized and NDB listed on the…

great success with combining their energy production with gas services by purchasing gas stations and expanding their market in that aspect. The company has changed from a public company to a private company, which allowed for cutting cost and expenditure discipline. For Eni this was needed because of their struggle with finances in the past. Being a private company allowed Eni to operate without political interference, and for Eni that was a struggle for them in many circumstances in the past. …

Since we are on the topic of finances, there is a pertinent matter that needs to be addressed. It pertains to the sum of money that was seized from me while I was in pharmacy school. I am speaking, of course, about the additional student loan money that was taken out under my name — $3,240 worth ($4,439.48 when I graduated, due to the 7.9% interest). In addition, the entirety of my Cousins Subs money was taken (except for $1,700 for Katarina’s ring), the $2000 Grandma and Grandpa gave me for…

around when Tesla’s total assets increased significantly [20]. With this merger, it would explain why their total assets and total liabilities increased, they would gain the assets of SolarCity, and their liabilities. Throughout my research into the finances of Tesla Inc., one thing is very blatant, they aren’t…

victory cannot be attributed to his high levels of campaign spending. Perhaps spending such a large amount of money on his campaign did impact the election outcome, but his campaign spending was enabled and influenced by his incumbency. In other words, since Walker’s spending was caused by his incumbency status, the incumbency advantage was what ultimately influenced the outcome of the 2012 recall election. Since incumbents have better access to financial resources, many good quality…

of interprovincial transportation and communications projects. If legislation does not offer adequate flexibility for countercyclical fiscal policy during recessions, it could shift more of the onus for macroeconomic stabilization upon provincial finance ministries. J. Rodden and E. Wibbles conducted a study examining Canadian provinces and six other decentralized federations. Their findings indicated that sub-national governments have less fiscal room for countercyclical policy than central…

But using excess amount of tax revenue to cover defaulted or delayed payment seems unfair to the taxpayers. Since this program aims to a small group of people, it cannot be simply treated as a public good. Optimal level can’t be decided by voting since low income population has a higher demand than high-income population and with the long right tail of the income distribution, the median voter will vote for above optimal level. Theoretically,…