PPT-Capital Structure and Stockholder Incentives P.V.

Capital Structure and Stockholder Incentives PV Viswanath Financial Theory and Strategic DecisionMaking Outline Shareholder incentives to increase risk Incentives to focus on the shortrun Incentives to underinvest Incentives to pay. C. onservation Incentives. N. ew concept:. . “payments . for ecosystem . services”. P. ay . ranchers for ecological benefits of . land management practices. V. oluntary. , non-regulatory approach to . FILOMENO STA. ANA III. A. CTION. . FOR. E. CONOMIC. R. EFORMS. O. UTLINE. I. Overview of Incentives (FI) in the ASEAN region . II. The Prisoner’s Dilemma. III. Cost of Fiscal Incentives. IV. Rationalizing Fiscal Incentives. Corporate Finance 35. Capital structure: An introduction to the debate. Different types of gearing. The effect of gearing. Differentiate business and financial risk. The underlying assumptions, rationale and conclusions of Modigliani and Miller’s models in a world without tax. Learning Objectives. Explain how incentives affect individual behavior. Explain how poorly designed incentives can have perverted results. . RG . 30-34. How does the black rhino illustrate the importance of incentives? . James Habyarimana. Impact Evaluation Initiative. World Bank. Incentives in Education. Fashionable avenue for . improving school . performance. raising school, teacher . and student effort. Essentially involves tying remuneration to behavior or outcomes. Presented by Dr. Monika Aggarwal. . Post Graduate Govt. College, CHD. 1. Objectives of the Study. Understand the theories of the . relationship. . between capital structure and the value of the firm. What You Need To Know. Presented by:. Darrick Butler. , USDA/FNS Child Nutrition Programs. Evelyn Garcia. , USDA/FNS Child Nutrition Programs. Ebony James. , . USDA/FNS Child Nutrition Programs. June 3, 2015. Positive incentives reward people for making certain choices or behaving in a certain way. . What are some examples of positive incentives?. -. Free time. Positive Incentives make us feel happy.. -Higher pay. Positive incentives reward people for making certain choices or behaving in a certain way. . What are some examples of positive incentives?. -. Free time. Positive Incentives make us feel happy.. -Higher pay. Capital Restructuring. Capital restructuring involves changing the amount of leverage a firm has without changing the firm’s assets. The firm can increase leverage by issuing debt and repurchasing outstanding shares. Sections. Cost of capital. Segmentation vs. integration. Differential costs of capital. Cross-border share listing . Foreign equity ownership restrictions. Subsidiaries’ capital structure. Cost of capital. July 2015. Agenda. International incentive performance. South African incentive performance. IPAP . and . Incentives. The business cycle. Status of incentives. Conclusion. 2011 - 30 %. 2012 - 15 %. $15 billion. 1 Background Recognizing f incentives an sometimes Recipients must submit proposed incentive plans to the poDescribe the proposed incentive in detail such as discounts gift cards or other tangible ite Francisco J. Beiner. Director, Institutional Management and Operations . Inter-American Center of Tax Administrations – CIAT. Jakarta, Indonesia, October 21, 2015. Based on: Tax Expenditures and Incentives in Latin America.