Essays about: "Public Debt Management"

Showing result 6 - 10 of 15 essays containing the words Public Debt Management.

1. 6. Earnings Management and the Cost of Publicly Issued Debt

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Patrik Wajnsztajn; Caroline Heintz; [2016]
   Keywords : Earnings management; bond yields; credit ratings; Credit rating agencies; IFRS.; Business and Economics;

   Abstract : The purpose of this study is to empirically test whether earnings management (both accruals-based and real) has an impact on the cost of public debt (approximated by credit ratings and bond yields) issued on the European bond market. Using a cross-sectional approach, accruals-based and real earnings management are estimated. READ MORE

3. 7. Earnings Management in Private Swedish Companies -A Study of the Contributing Factors

   University essay from Göteborgs universitet/Företagsekonomiska institutionen

   Author : Jessica Axenbrant; Emma Håkansson; [2015-06-23]
   Keywords : Earnings management; private vs public companies; creative accounting; Big Four audit firm; debt to equity ratio; industry; earnings distribution;

   Abstract : Background and problem: Due to a large number of accounting scandals the academic term earnings management has become more known to the world in recent years, which has lead to an increased demand for further research on this subject. The research questions of this thesis are the following; To what extent do private limited companies in Sweden manage their earnings? How do the following factors affect the existence of earnings management in private limited Swedish companies; industry, debt to equity ratio and choice of audit firm? Purpose: To inform the reader on the existence of earnings management in private limited companies in Sweden and what can affect its existence by analyzing more than 45 000 observations through a population study. READ MORE

4. 8. Efficiency of Foreign Debt Portfolio Management in Emerging Economies

   University essay from Högskolan i Jönköping/IHH, Economics, Finance and Statistics

   Author : Sapto Adinugrahan; Mochamad Ridwan; [2015]
   Keywords : Public debt management; Foreign debt portfolio; Exchange rate exposure; Emerging economies; Currency composition;

   Abstract : Fluctuation of exchange rate has affected the increasing burden of foreign debt payment in emerging economies. This issue has negatively influenced the economic growth. It has been a severe obstacle considering that governments have to issue public debt denominated in foreign currency to finance the budget deficit. READ MORE

5. 9. Four Financial Crises in Argentina: a comparative study into the causes

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : Anders Kronfelt; [2015]
   Keywords : Argentina; financial crises; external shocks; capital flows; domestic savings; deregulation; fiscal policies; exchange-rate regime; political shocks; crisis management; Social Sciences;

   Abstract : This study is concerned with exploring the causes for four financial crises in Argentina’s history stretching from 1890 to 2002 and with comparing the causes in order to find recurring problems. I will argue that the crisis in 1929-1932 is the one differing from the other three on several aspects: its prime causes were external; the public deficits were modest; there was no sudden stop in inflow of foreign capital; it was better managed; and it was not preceded by financial deregulation. READ MORE

6. 10. Public Real Estate Management: Estonian Case Study with Monte Carlo SimulationAnalyses

   University essay from KTH/Fastigheter och byggande

   Author : Kert Kaljula; [2014]
   Keywords : public real estate management; incentives; Monte Carlo Simulation analyses; securitization; sale leaseback; agency theory; status quo bias.;

   Abstract : With accumulation of sovereign debt in many large OECD countries it seems that attention is heightened on how to manage public resources more effectively. High levels of sovereign debt are partly related to the aftermath of the latest financial crisis, where resolution for many big economies was to intervene and use public resources to put an end to the expansion of the crisis. READ MORE