Floating Charges—The Nature of the Security

1988 ◽  
Vol 47 (2) ◽  
pp. 213-237 ◽  
Author(s):  
Eilís Ferran
Keyword(s):  
Financial Institutions ◽  
Important Type ◽  
A Company ◽  
Sources Of Capital

Companies depend upon loan finance as one of their major sources of capital. However, banks and other financial institutions involved in the business of lending money to companies generally ensure that their exposure to the risk of non-repayment is minimised by taking security over the debtor company's property. One particularly important type of security which is available when money is lent to a company is the floating charge.

12. Marketable loans

2016 ◽  
Author(s):  
Derek French ◽  
Stephen W. Mayson ◽  
Christopher L. Ryan
Keyword(s):  
Financial Institutions ◽  
To Receive ◽  
A Company ◽  
Interest Payments

This chapter is about arrangements by which a company borrows a large sum of money long term from investors, who in turn expect to receive interest payments in addition to the principal. Marketable loans are typically issued in large quantities by financial institutions and specialist investors, and considered wholesale rather than retail investments, and the interests they generate are termed ‘debt securities’, ‘bonds’, or ‘debentures’. This chapter also discusses transfers of debt securities (except when they are convertibles), the nominal value of stocks, the duty of trustees to stockholders, the issuance of stock certificates in connection with marketable loans, and convertibles. Regulations governing contracts for the allotment of debt securities, information for debenture holders, and prospectuses and listing particulars are also examined.

Managing Economic Calculations of a Company

2015 ◽  
Vol 4 (4) ◽  
pp. 23-27
Author(s):  
Ровенский ◽  
Yu. Rovenskiy ◽  
Наточеева ◽  
N. Natocheeva ◽  
Белянчикова ◽  
...  
Keyword(s):  
Financial Performance ◽  
Debt Management ◽  
Working Capital ◽  
Credit Policy ◽  
Accounts Receivable ◽  
Accounts Payable ◽  
Enhance Efficiency ◽  
A Company ◽  
Financial Losses ◽  
Sources Of Capital

The paper considers the issues of how to manage the accounts receivable and accounts payable based on the findings of analysis of thereof. The authors propose to sort out definite stages in debt management and suggest ways to calculate the working capital amount to be allocated to accounts receivable; to assess the company financial performance, subject to the provision of onemonth and three-month discounts to debtors, and to evaluate the effect of the increase in accounts receivable in the upcoming period. All the above help to enhance efficiency of the company’s credit policy and of the accounts payables management and also allow to reduce financial losses related to attracting additional sources of capital.

scholarly journals Analisis Potensi Kebangkrutan PT. Berlian Laju Tanker, Tbk. dengan Menggunakan Altman’s Z Score

2012 ◽  
Vol 3 (2) ◽  
pp. 654
Author(s):  
Iswandi Iswandi
Keyword(s):  
Financial Markets ◽  
Financial Institutions ◽  
Stock Exchange ◽  
Financial Statements ◽  
Financial Statement ◽  
Z Score ◽  
Transportation Services ◽  
Financial Condition ◽  
Score Model ◽  
A Company

PT. Berlian Laju Tanker, Tbk. (BLTA) is a company engaged in the ocean transportation services listed on the Indonesia Stock Exchange and the Singapore Stock Exchange. In 2009 and 2010 BLTA experienced a net loss. At the end of 2011 the company rocked the financial markets in Indonesia and Singapore being unable to meet financial obligations to financial institutions and corporate bondholders. Given such conditions until the end of August 2012 BLTA can not submit audited financial statement of year 2011 to the authorities of stock exchange and public. By using the 2007 to 2010 audited financial statements and June 2011 inhouse financial statement were analyzed using Altman's Z score model can be known that since 2007 BLTA produce a Z score were classified bankruptcy. Investors should analyze the financial condition by using Z Score in order to minimized shareholders and bondholders potential losses.

12. Marketable loans

2017 ◽  
Author(s):  
Derek French
Keyword(s):  
Financial Institutions ◽  
To Receive ◽  
A Company ◽  
Interest Payments

This chapter is about arrangements by which a company borrows a large sum of money long term from investors, who in turn expect to receive interest payments in addition to the principal. Marketable loans are typically issued to financial institutions and specialist investors, and considered wholesale rather than retail investments, and the interests they generate are termed ‘debt securities’, ‘bonds’, or ‘debentures’. This chapter discusses transfers of debt securities, the nominal value of stocks, the duty of trustees to stockholders, the issuance of stock certificates in connection with marketable loans and convertibles. Regulations governing contracts for the allotment of debt securities, information for debenture holders and prospectuses and listing particulars are also examined.

C. Marketable loans

2021 ◽  
pp. 757-757
Author(s):  
Derek French
Keyword(s):  
Financial Institutions ◽  
General Public ◽  
Stock Exchange ◽  
Loan Repayment ◽  
To Receive ◽  
A Company ◽  
Interest Payments

This chapter deals with arrangements by which a company borrows a large sum of money long term. The money is put up by a number of investors who are entitled to receive interest payments (usually twice a year) and, at the end of the term of the loan, repayment of principal. Sale of all or part of an investor’s entitlements is possible and arrangements are usually made for trading on a stock exchange. Marketable loans were once issued to the general public in the same way as shares, but nowadays they are usually held in large quantities by financial institutions and specialist investors. They are described as ‘wholesale’ rather than ‘retail’ investments. Interests in marketable loans are called ‘debt securities’, ‘bonds’ or ‘debentures’.

FINANCIAL FUNDING OF IMMIGRANT BUSINESSES

2008 ◽  
Vol 13 (02) ◽  
pp. 167-184 ◽  
Author(s):  
NONNA KUSHNIROVICH ◽  
SIBYLLE HEILBRUNN
Keyword(s):  
Public Policy ◽  
Financial Institutions ◽  
Ethnic Community ◽  
Immigrant Entrepreneurs ◽  
Factors Influencing ◽  
Governmental Support ◽  
Salient Factor ◽  
Sources Of Capital

This study investigates differences in financial funding between immigrant and non-immigrant businesses and delineates factors influencing financial funding of immigrant businesses. Data for the study were collected in Israel between 2000 and 2005. By combining convenient and snowball samples, 214 native Israelis and 153 FSU immigrant entrepreneurs answered a questionnaire. We classified financial sources for immigrant businesses according to their affiliation to the ethnic community, and according to their relation to official financial institutions. Our study revealed that the scope of funding of immigrant businesses is significantly smaller than that of non-immigrant businesses. Immigrant entrepreneurs are more likely to finance their businesses from informal sources but they use fewer loans from family and friends than non-immigrant entrepreneurs. We found that immigrant entrepreneurs who deal with co-ethnic clients do not use more ethnic sources of capital for financing their businesses: the share of co-ethnic clients does not influence the ratio of ethnic financial sources for both setting up and expanding immigrant businesses. Our study revealed that governmental support in the terms of designated loans is the most salient factor influencing financial funding of immigrant businesses. The results suggest important implications for public policy.

scholarly journals Mengapa Perusahaan Anjak Piutang kurang berkembang di Indonesia? (Dilihat dengan analisis Risk profile, Good Governance, Earning dan Capital (RGEC))

Wahana ◽  
2019 ◽  
Vol 22 (2) ◽  
pp. 169-185
Author(s):  
Rani Eka Diansari ◽  
Vidya Vitta Adhivinna
Keyword(s):  
Financial Institutions ◽  
Qualitative Method ◽  
Banking Industry ◽  
Good Governance ◽  
Stock Exchange ◽  
Risk Profile ◽  
Stock Exchanges ◽  
Inherent Risk ◽  
Cash Flow Risk ◽  
A Company

Factoring Company is one of the financial institutions in Indonesia. Factoring Company is a company that serves to take over the receivables that occur in buying and selling transactions so as not to cause serious problems in the company's cash flow. Risk can be avoided very minimally and the company can greatly help avoid a problem related to its uncollectible trade through financial institutions with factoring concept (Aprianto, 2017). Based on the concept of factoring, actually the existence of the company factoring is very profitable for companies especially trading companies, but if looking at the data in Indonesia is still very little of the company's sustainability factoring, the evidence can be seen on the Indonesian stock exchange, with less than 100 companies factoring listed on the stock exchanges. It shows that in Indonesia the company factoring is very less developed.With these conditions, the author is interested to see the cause of the company factoring is not developed well from the analysis of risk profile, good governance, earning and Capitalnya, although RGEC is prevalent in banking industry but because Consideration of the activities of the company to be receivables some have the same characteristics as banking then the authors tried to analyze with RGEC analysis by the detailed risk profile not only based on the ratio of LDR and NPL Were. The object in this study was the factoring company listed on the Indonesia Stock exchange in 2017 and examined by a qualitative method of descriptive. Results of the research can be concluded there are several factors that cause the company to factor less developed in Indonesia including the inherent risk of credit, human resources, regulation, and public trust because the factoring isn't famous.

scholarly journals Peranan Lembaga Keuangan Mikro Berbasis Teknologi Informasi dalam Mengembangkan Usaha Mikro

The Winners ◽  
2008 ◽  
Vol 9 (2) ◽  
pp. 124
Author(s):  
Nazwirman Nazwirman
Keyword(s):  
Information Technology ◽  
Competitive Advantage ◽  
Product Quality ◽  
Financial Institutions ◽  
Technology Implementation ◽  
Financial Institution ◽  
Administration System ◽  
Technology Products ◽  
The World ◽  
A Company

The effort to develop globally competitive Micro Business needs an Information Technology to fulfill the needs of the said business. This is to ease the administration system of the Micro Business, fast in service, easy to develop product and easy to gain trust from financial institutions. Information Technology implementation in a micro financial institution is important to develop itself. Information technology of a Micro Financial Institution will enable to professionalize a company and is committed to give the best Information Technology products and services for Micro Financial Institution, not only in Indonesia but also in the world. Thus, competitive advantage such as experience, competence (specialization), after-sales, and product quality from micro financial institution is attained.

scholarly journals GOOD CORPORATE GOVERNANCE AS A CORPORATE STARTEGY DURING THE COVID-19 PANDEMIC IN ISLAMIC FINANCIAL INSTITUTIONS

2021 ◽  
Vol 1 (1) ◽  
pp. 21-30
Author(s):  
Happy Sista Devy ◽  
Husni Awali ◽  
Rita Hadiyati ◽  
Aurell Achza Rayne Effendi
Keyword(s):  
Corporate Governance ◽  
Data Collection ◽  
Financial Institutions ◽  
Corporate Strategy ◽  
Positive Impact ◽  
Field Research ◽  
Company Strategy ◽  
Good Corporate Governance ◽  
Islamic Financial Institutions ◽  
A Company

The purpose of the research is to see the implementation of Good Corporate Governance as a corporate strategy during the COVID-19 pandemic. The type of research conducted is field research with qualitative methods. Data collection techniques used interviews and observations, with data reduction analysis and data triangulation. The results showed that PNM Mekaar sharia Brebes district  and BMT Bina Ummat Sejahtera Bumiayu Brebes district applies the principles of Good Corporate Governance (GCG) well in the form of the principles of Transparency, Accountability, Responsibility, Independence, and Fairness. Where the implementation of Good Corporate Governance (GCG) as a company strategy during the Covid-19 pandemic has a positive impact on the company by increasing customers and members who need financing

scholarly journals Do Overlapped Audit Committee Directors Affect Tax Avoidance?

2021 ◽  
Vol 14 (10) ◽  
pp. 487
Author(s):  
Hidaya Al Lawati ◽  
Khaled Hussainey
Keyword(s):  
Financial Institutions ◽  
Audit Committee ◽  
Stock Exchange ◽  
Research Question ◽  
Tax Avoidance ◽  
Effective Tax Rate ◽  
Tax Rate ◽  
The Impact ◽  
A Company ◽  
Advisory Role

This research is motivated by the Omani government’s desire to reduce tax avoidance and bolster tax revenue collected from financial institutions. The purpose of this paper is to examine the impact of overlapped audit committee (AC) chairs and other directors on tax avoidance practice and whether they play a monitoring or advisory role in tax avoidance practice. As a measure of overlapped AC chairs, we used a dummy variable to indicate whether an AC chair sits on other committees within a company or not. We used the proportion of AC members who serve on the AC and other committees within a company as our proxy for overlapped AC directors. We used a company’s cash effective tax rate as a proxy for tax avoidance. We regressed tax avoidance on overlapped AC membership and other control variables, using a sample of 204 firm-year observations from financial institutions listed on the Muscat Stock Exchange between 2014 and 2019. Our regression results show that a higher proportion of overlapped AC members and the presence of an overlapped AC chair were both associated with lower effective tax rates, which equated to more tax avoidance. This suggests that these directors play an advisory role in the Omani context. We found, however, that these directors play a monitoring role when firms take a loss. From these findings, we draw important implications for regulators who need to rethink the potential consequences of having overlapped AC chairs and AC directors. Our study focuses on Omani financial institutions, which are highly regulated and monitored by the central bank, and our findings may not be directly applicable to non-financial institutions that are less regulated, so caution is needed when interpreting the findings. Further research could employ a repeated measured research design, such as ours, and explore the same research question in non-financial institutions.

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