|
1 - 10 van 28 voor limited liability
corporate tax policy and incorporation eu pdf
... shares, we divide the enterprises that are registered as limited liability (ll) companies by the sum of companies with limited liability (ll) and personal liability firms (sp), i.e. corp ll (ll+sp). ... . the degree of incorporation is the number of firms in limited liability form divided by the number of firms in limited liability or in sole proprietorship form. all regressions use a linear ...
cpb.nl
Dia 1
... intergenerational risk sharing of systemic risks (shocks in financial capital, human capital, demography) - why? limited liability of human capital and incomplete markets future generations cannot trade before birth ... capital markets young and unborn generations cannot engage in risk sharing due to limited liability of human capital human capital ( future wages) cannot be used as collateral ...
cpb.nl
doc211.pdf
... the scope for moral hazard. in addition, banks, like all firms, are subject to limited liability. limited liability implies that banks are not liable for any remaining losses if they go bankrupt. ... them and alleviate their free riding problem (dewatripont and tirole, 1994).14 13 without limited liability, a bank's financier could costlessly eliminate moral hazard. intuitively, making the bank ...
cpb.nl
Microsoft Word - cpbdoc94
... will always have incentives to provide suboptimal quality. market mechanisms, like reputation and liability, do not work sufficiently well to solve these issues. therefore, minimum quality ... property, creating and altering mortgages); and 3) corporate services (establishing public and private limited liability companies). for these transactions, notarisation is mandatory; the consumer has no other ...
cpb.nl
competition and regulation telecommunications markets pdf
... 185 references 187 glossary 191 supplement cd-rom with mathematica notebooks and simulation results (a limited amount is separately available on request). vi vii preface opta, the independent post and ... called kpn telecom, was a state monopolist until the 1989, when it became a public limited liability company, although still fully owned by the state at that moment. the government sold 30 ...
cpb.nl
governance stakeholder relationships german and dutch experience pdf
... like receiving dividends. hence they have the right on residual returns. moreover, shareholders have limited liability, which reduces their residual risks because losses can never exceed the amount invested ... consultations until the required product has been developed. consultation and cooperation with a limited number of suppliers serve several purposes for the procuring firm. it enhances learning ...
cpb.nl
future policy telecommunications analytical framework pdf
... , nowadays called kpn telecom, was a state monopolist until 1989, when it became a public limited liability company, although still fully owned by the state at that moment. the government sold 30 ... ) generation, gsm, is mainly used for voice telephony and short messages (sms services). it has limited internet-type functionality through the so-called wap and gprs technologies (see the next section ...
cpb.nl
Microsoft Word - admin_burden_EU_countries_20feb2006_revtab_51.doc
... are subject to excise taxes (e.g., liquor, tobacco, gas). it is a domestically owned limited liability company, its capital is subscribed in cash (not in-kind contributions) and is the higher ... 1998 typical absolute costs for an entrepreneur to complete mandatory procedures for registering a public limited company, in usd ( ae) typical costs for an entrepreneur to complete mandatory procedures for ...
cpb.nl
memo223.pdf
... are stochastic; they are independently distributed. the form of the distribution is not specified. assuming limited liability implies for all t pr(rt st are independent of the previous series st-1 ... distributed. moreover, let the distribution be lognormal log(1+rt) n for all t. the limited-liability restriction (2.2) above now becomes pr(rt -1) 0. also log(st s0) n ...
cpb.nl
Microsoft Word - cpbdoc210.doc
... industry lobbying capital requirements calibration, one instrument with too many goals, regulatory capture, limited scope insurance premium calibration, pricing incentives, payout trigger, moral hazard market ... do not necessarily coincide with the public benefits of intervention. commitment problems, limited liability, career concerns and herding incentives may distort a regulator's decisions. fourth ...
cpb.nl
| 