Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What is Global Depository Receipts
American / Global Depository Receipts (ADRs/ GDRs)
Equity shares which are offered in international markets to international investors are issued in the form of Depository Receipts (DRs). If these DRs are issued for US investors in US markets, then they are termed as American Depository Receipts (ADRs). They can be listed on New York Stock Exchange (NYSE) or National Association of Securities Dealers Automated Quotations (NASDAQ) Exchange. If they are issued for international investors to be listed on Luxemburg Stock Exchange in Europe then they are termed as Global Depository Receipts (GDRs). What goes in the hands of investors isn't a share certificate however a 'receipt' of a share certificate which is lying with depository. The advantages of keeping the shares in the depository include: ease of transfer, less registrar, no bad deliveries and book keeping problems, etc. DRs entitle holders to get both dividend and capital gains. ADRs/ GDRs can be converted into equity shares any time as they signify equity shares anyway and reverse conversion of equity shares into ADRs/ GDRs is allowed to extent of the first conversion.
QUESTION i) Discuss the Modigliani-Miller irrelevancy theorem for corporate capital structure. What assumptions underline the theorem? ii) What are the implications when the
Deficiency in Design - This exists when a control essential to meet the control objective is missing or an existing control isn't properly designed so that even if control operates
Q. Working Capital as a Percentage of Net Sales? This approach to estimate the working capital requirement is based on the fact that the working capital for any firm is directl
a) Distinguish among standard costing and budgetary control. (b)"Calculation of variances in standard costing is not an end in itself, but a means to an end" Brief discussion
Alger Corp wants to buy some construction equipment for $50,000, which has a useful life of 4 years with no salvage value. Alger uses straight-line depreciation. Alger has a tax ra
#questAs an assistant vice president at a regional bank, your boss has tasked you to acquire $100 million of residential mortgages to be securitized in a pass-through MBS. There mu
Q. What is Affiliated Company? Affiliated Company - Company or other organization related through common ownership,common control of management or owners or through some other
Monetary Policy The Federal Reserve's goal is to regulate the growth of the monetary aggregates to ensure sufficient credit expansion to foster economic growth, without inflati
QUESTION The Stock of Max Ltd performs relatively well compared to other stocks during recessionary periods. The stock of Bax Ltd, on the other hand, does well during growth p
What are the options available for growth Joint venture A joint venture is when a separate company is formed, in which every member holds an equity st
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd