Essays about: "cash pool"

Found 5 essays containing the words cash pool.

1. 1. Bonds Portfolio liquidity risk under stress

   University essay from Lunds universitet/Matematisk statistik

   Author : Gabriel Berthet--Nivon; [2020]
   Keywords : Bond market Liquidity Bank liquidity; Mathematics and Statistics;

   Abstract : Abstract The focus of this thesis is to study and model the capacity of the bank to trade on the bonds market under normal and stressed conditions. This capacity is related to the liquidity of bonds market (ie, the ability to trade) and bank’s trading desks capacity to trade. READ MORE

3. 2. Eliminating Cash; cash-free corporate liquidity : A study on the plausibility and efficiency of financial lean

   University essay from KTH/Skolan för industriell teknik och management (ITM)

   Author : Viktor Charpentier; [2019]
   Keywords : Capital structure; capital stack; leverage; cash position; cash holding; interest bearing debt; net debt; operational credit; credit facility; RCF; rolling credit; overdraft account; overdraft; debt overhang; cash pool; liquidity; liquidity management; cash management; working capital; liquidity fluctuations; financial lean; kapitalstruktur; skuldsättning; kassa; räntebärande; nettoskuld; operationell kredit; RCF; revolver; checkräkningskredit; debt overhang; cash pool; likviditet; likviditetspool; cash management; rörelsekapital; finansiell lean;

   Abstract : This paper addresses the problem of a failing net debt approach; deposited funds rarely compensate the cost of debt. Venturing into operational credit facilities, the study evaluates the efficiency and feasibility of transitioning into fully cash-free liquidity management. READ MORE

4. 3. Stock-Price-Based M&A Performance Evaluation of the A-H Dual-Listed Acquirers-- Based on China's A-Share Stock Market and Hong Kong Stock Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Yiming Song; Chen Liu; [2018]
   Keywords : M A performance; A-H dual-listed companies; A-share market; H-share market; Chinese M A;

   Abstract : Using the data from A-share market and H-share market during 2014 - 2017, this thesis mainly analyzes how stock returns of the acquirers changed before and after the M&A announcements and how the changes were linked to the selected impact factors, such as dual listing, payment method, controlling position or minor position, overseas or domestic, etc. The main method is to use event study method and CAPM to calculate the excess returns of the acquires during M&A event window, then do regression of the impact factors on excess returns. READ MORE

5. 4. Analysis of Student Loan Asset-Backed Securities : Construction of a Valuation Model using a Trinomial Interest Rate Tree

   University essay from KTH/Matematisk statistik

   Author : Gustav Rehnman; Ted Tigerschiöld; [2016]
   Keywords : ;

   Abstract : Student debt in the U.S has grown rapidly over the last decades. A common practice among lenders is to pool the loans into securities that are sold off and traded between institutional investors. Since these securities have no market price this thesis aims to develop a valuation model. READ MORE

6. 5. Bankruptcy Prediction: Static Logit Model versus Discrete Hazard Models Incorporating Macroeconomic Dependencies

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Henning Schmidt; Matej Duda; [2010]
   Keywords : bankruptcy prediction; discrete-time hazard model; static logit; multi-period logit; macro dependent baseline function; Business and Economics;

   Abstract : The purpose of this master thesis is to (i) compare the out-of-sample prediction power of one static logit model and two hazard models, (ii) explore whether incorporating macroeconomic patterns improves forecasting results, and (iii) examine the determinants of corporate failures from the pool of accounting and market driven variables. We perform our study on 102 US listed manufacturing firms that defaulted between 2000 and 2009. READ MORE