#CSuite VIVA Group Raih Indonesia Corporate Secretary Award 2017 http://bit.ly/2BDvao5
— Muzaffaruddin Alvi (@Muzaffar1969) December 5, 2017
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Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...
#CSuite VIVA Group Raih Indonesia Corporate Secretary Award 2017 http://bit.ly/2BDvao5
— Muzaffaruddin Alvi (@Muzaffar1969) December 5, 2017
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#CSuite Vanguard Natural Resources, Inc. Announces Appointment of General Counsel, Corporate Secretary and Vice … http://bit.ly/2jclk5O
— Muzaffaruddin Alvi (@Muzaffar1969) December 4, 2017
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#CSuite Salil S Parekh: From IIT Bombay To Infosys Top Job – Salil S Parekh: From IIT Bombay To Infosys Top Job NDTVSalil Parekh Appointed Infosys CEO and Managing Director The WireSalil Parekh Appointed Infosys CEO and MD, Gets Warm Welcome from Na… http://bit.ly/2APKge0
— Muzaffaruddin Alvi (@Muzaffar1969) December 2, 2017
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#CSuite सलिल पारेख होंगे इंफोसिस के नए MD और CEO, 2 जनवरी से संभालेंगे पद http://bit.ly/2zYGbnO
— Muzaffaruddin Alvi (@Muzaffar1969) December 2, 2017
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#CSuite Moser Baer's appoints Surender Kumar Mata as Company Secretary … – http://bit.ly/2z09GRU http://bit.ly/2xZi19W
— Muzaffaruddin Alvi (@Muzaffar1969) October 4, 2017
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#CSuite Lennaert van Dijk appointed Managing Director for Tummers Food Processing Solutions – PotatoPro http://bit.ly/2xDftyZ
— Muzaffaruddin Alvi (@Muzaffar1969) September 29, 2017
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When self-interested agents compete for scarce resources, they often exaggerate the promise of their activities. As such, principals must consider both the quality of each opportunity and each agent’s credibility. We show that principals are better off with less transparency because they gain access to better investments. This is due to a complementarity between the agents’ effort provision and their ability to exaggerate. As such, it is suboptimal for principals to prevent misreporting, even if doing so is costless. This helps explain why exaggeration is ubiquitous during allocation decisions: money management, analyst coverage, private equity fundraising, and venture capital investments.
May 08, 2017 at 12:37AM
from Raphael Boleslavsky
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The European Union (EU) has no explicit common income tax law. Nevertheless, Court of Justice decisions have driven EU member states to adopt more similar corporate tax systems, and thus, to align the tax treatment of corporate profit distributions – dividends and capital gains. This paper empirically analyzes the influence of the tax preferences of individual and corporate shareholders for the two corporate distribution types – dividends or capital gains – from 1990 to 2012. In the first years of the observation period, European tax systems have provided opposing tax advantages, where individual shareholders have preferred capital gains and corporate shareholders have preferred dividends. To account for these differences depending on the firm’s shareholder structure, we derive firm-specific tax preferences for profit distributions. Our empirical analysis reveals that – in line with current literature – the firm-specific tax preferences indeed affect dividend payments. Moreover, we show that in contrast to our detailed study, a simplified approach to measure tax effects on distributions overestimates this influence. In subsequent years, as European Court of Justice decisions have indirectly aligned EU corporate tax systems, we find that tax preferences have converged to a great extent with the tendency to equal tax treatment of dividends and capital gains for both – individual and corporate – shareholder groups. In line with this development, we find that the association of tax preferences and distribution policies vanishes in the last years of the observation period. Our study implies that the EU common regulatory framework, even in the absence of explicit law, can affect corporate distribution decisions and foster neutral taxation of dividends and capital gains across EU member states.
May 08, 2017 at 12:37AM
from Maier, Christoph
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Using unique supervisory survey data on the impact of a hypothetical interest rate shock on German banks, we analyse price and quantity effects on banks’ net interest margin components under different balance sheet assumptions. In the first year, the cross-sectional variation of banks’ simulated price effect is nearly eight times as large as the one of the simulated quantity effect. After five years, however, the importance of both effects converges. Large banks adjust their balance sheets more strongly than small banks, but they are impacted more strongly by the price effect. The quantity effects are explained better by a bank’s current balance sheet composition, the longer the forecast horizon. The opposite holds for banks’ price effect.
May 08, 2017 at 12:37AM
from Busch, Ramona
A Texas photographer found a creative way to take an intergenerational family picture.
Amber Rater of Moose Photography created this special image of local mom Nicole Margavitch, along with her mother, grandmother and daughter.
The awesome photo appeared on the popular Facebook page, Love What Matters, where it received over 19,000 likes.
“This photograph is something I will cherish for the rest of my life,” Nicole stated in the caption. “There are 72 years between the first and the last photo in this sequence, yet the values, beauty and love transcend through generations. This photo captures the pride we have for those who came before us and those who came after us.”
Several Facebook commenters shared similar photos of their own families.
Though Amber used Photoshop to bring the image to life, you can create a similar photo manually, by printing out photographs as you go along and having each successive family member hold them.
It takes work, but as the above photos show, the result is pure family joy.
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April 26, 2017 at 12:39AM
from Caroline Bologna