The first book to address public policy in the light of recent corporate debacles Corporate Aftershock is a reasoned, informed response to the numerous proposals to restrict derivatives, structured financing activities, and shareholder protection principles and practices following the failure of Enron and other corporations. Readers get a...
The first book to address public policy in the light of recent corporate debacles Corporate...
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries.
In recent years, the IMF has released a growing number of reports and other documents covering...
This paper examines the Argentine experience with GDP-indexed warrants in order to gauge the existence of a novelty premium on new financial instruments. It develops a Monte Carlo pricing exercise to calculate the expected net present value of payments, on the basis of various forecast assumptions. The results show that the residual premium paid by...
This paper examines the Argentine experience with GDP-indexed warrants in order to gauge the...