Not exact matches
Management
thus may eventually obtain voting control without ever investing any additional
equity in the
firm.
Outerwall has historically produced high returns on capital, and it's a business that doesn't need much tangible capital to produce huge amounts of cash flow (an attractive business), but it has been run similar to companies that get purchased by private
equity firms — leverage up the balance sheet, issue a dividend (or buyout some shareholders),
thus keeping very little
equity «at risk».
Thus, and application of contingent claims theory to the
firm, much as Merton did it, should serve as a replacement for MPT in order to estimate the cost of capital for a
firm, and for the
equity itself.
Partnership compensation from highest to lowest paid partners widens as
firms feel pressure to pay market rate compensation for some partners that might leave, while the
firm overall can not afford to do so, and
thus reallocates it from lower ranks of
equity partners to higher ranks.
The critical hinge to his action is whether an
equity partner in a law
firm should be regarded as an «employee» for the purposes of the Code,
thus giving the Human Rights Tribunal jurisdiction over his complaint.
The critical hinge to his action is whether an
equity partner in a law
firm should be regarded as an «employee» for the purposes of the Code,
thus giving the Human... [more]
Thus far, most
firms — even those performing at the lower end of the economic scale — have been able to maintain some semblance of stability by bolstering their PPEP through an intentional thinning of heir ranks of
equity partners, aggressive expense management, and annual rate increases (albeit smaller increases than prior to 2008).