Not exact matches
Finally, we find that the
market reaction to announcements
of material covenant violations is 88 basis points lower among borrowers whose lenders face short - termism incentives, which suggests that the
incremental attention from lenders with short - termism incentives does not improve shareholder
value.
«Materials companies are competing intensely to bring higher modulus and strength solutions to
market by offering new major chemicals, polymers, composites, and stitched fabrics materials to increase the strength - to - weight
value proposition,» the authors
of the report write, noting that the
value proposition resulting from these
incremental - gains «result in significantly more energy captured.»
«As China becomes the main growth driver
of the global luxury
market, we are confident that Fosun can bring great
incremental value to Lanvin with our global resources and expertise, while being absolutely committed to Lanvin's high luxury positioning and its exceptional quality
of products manufactured in France and Italy,» Joann Cheng, vice chief financial officer
of Fosun International and executive president
of Fosun Fashion Group, said in a statement at the time
of the acquisition.
Or, are they caused by Debt / GDP levels being too high, such that asset
values get pushed significantly above their
market clearing levels, and
incremental new debt is not capable
of financing those asset prices anymore?
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