Found 6 article(s) for author 'United Kingdom'

Impact of Reporting Frequency on UK Public Companies

Impact of Reporting Frequency on UK Public Companies. Robert Pozen, 2017, Paper, “Beginning in 2007, UK public companies were required to issue quarterly, rather than semiannual, financial reports. But the UK removed this quarterly reporting requirement in 2014. We studied the effects of these regulatory changes on UK public companies and found that the frequency of financial reports had no material impact on levels of corporate investment. However, mandatory quarterly reporting was associated with an increase in analyst coverage and an improvement in the accuracy of analyst earnings forecasts.Link

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Osborne Should Think Again on his Bank Surcharge

Osborne Should Think Again on his Bank Surcharge. Mark Roe, February 22, 2016, Opinion. “HSBC’s decision last week to keep its headquarters in London, after reports that it would leave the UK if the levy on bank liabilities were not lifted, will have been greeted with relief at the Treasury. However, there is good reason to think the Treasury got a bad deal, jeopardising financial safety for not very much in return.  In his Autumn Statement last year, Chancellor George Osborne promised to phase out the levy, offsetting this with an 8 per cent surcharge tax on bank profits. Taxing bank profits is popular with voters, even though it makes the financial system weaker. Because it makes bank equity more expensive and ending the levy makes debt cheaper, the surcharge will push British banks to use less safe equity and more risky debt.Link

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The UK Labour party should blame Keynes for their election defeat

The UK Labour party should blame Keynes for their election defeat. Niall Ferguson, May 10, 2015, Opinion. “Credit where credit is due. Lynton Crosby is getting the plaudits for the Conservative party’s successful election strategy, but the real architect of this victory was surely George Osborne, the chancellor. Leave aside Labour’s collapse in Scotland, arguably the election’s most striking result. In England, the Conservatives won because Mr Osborne was right and his critics were wrong…Link

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Waste, Recycling and Entrepreneurship in Central and Northern Europe, 1870–1940

Waste, Recycling and Entrepreneurship in Central and Northern Europe, 1870–1940. Geoffery G. Jones, March 4, 2014, Paper. “This working paper examines the role of entrepreneurs in the municipal solid waste industry in industrialized central and northern Europe from the late nineteenth century to the 1940s. It explores the emergence of numerous German, Danish, and other European entrepreneurial firms explicitly devoted to making a profitable business out of conserving and returning valuable resources to productive use…” Link Verified October 11, 2014

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Barclays and the LIBOR Scandal

Barclays and the LIBOR Scandal. Clayton Rose, May 2013, Case. “In June of 2012, Barclays plc admitted that it had manipulated LIBOR—a benchmark interest rate that was fundamental to the operation of international financial markets and that was the basis for trillions of dollars of financial transactions. Between 2005 and 2009 Barclays, one of the world’s largest and most important banks, manipulated LIBOR to gain profits and/or limit losses from derivative trades. In addition, between 2007 and 2009 the firm had made dishonestly low LIBOR submission rates to dampen market speculation and negative media comments about the firm’s viability during the …”  May require purchase or user account. Link verified March 28, 2014

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