Managers can improve real risk-adjusted firm performance by matching nominal assets with nominal liabilities, thereby reducing the sensitivity of real risk-adjusted returns to unexpected inflation. We model these returns as a function of nominal and real assets and liabilities and illustrate our proposition using a simulation. We test the empirical implications of our model in a sample of liste...

92% had THCA concentrations 30 zgfL. Of the 97 specimens that screened negative at 100 pgfL, 80% had quantitative values for THCA of 30 p gfL. This suggests that reducing the screening cutoff to 50 pgIL will not result in laboratories being flooded with large numbers of specimens for which the THCA concentrations are within 20% of the 15 ig/L confirmation cutoff. The THCA-positive detection rat...

In the last decade, high profile financial frauds committed by large companies in both developed and developing countries were discovered and reported. This study compares the performance of five popular statistical and machine learning models in detecting financial statement fraud. The research objects are companies which experienced both fraudulent and non-fraudulent financial statements betw...

Ethical liabilities in electronic health records (EHR) - IDJSR- Print ISSN No: 2394-708X Online No:- 2278-3784 Article DOI 10.18231/j.idjsr.2022.014, International Dental Journal of Student's Research-Int Dent J Stud Res

This paper takes a contingent claim approach to the market valuation of equity and liabilities in life insurance companies. A model is presented which explicitly takes into account the facts that the holders of life insurance contracts (LICs) have the first claim on the company’s assets whereas equityholders have limited liability, that interest rate guarantees are common elements of LICs, and ...

This paper discusses the valuation of wage-indexed pension fund liabilities. Valuation by replication with market instruments is typically not possible as there are no wage-indexed assets. This paper discusses several methods to find a value in such incomplete markets and advocates utility-based valuation. This approach implies a simple adjustment on the discount factor that can be used to calc...

Male Wistar rats were treated with various model compounds or the appropriate vehicle controls in order to create a reference database for toxicogenomics assessment of novel compounds. Hepatotoxic compounds in the database were either known hepatotoxicants or showed hepatotoxicity during preclinical testing. Histopathology and clinical chemistry data were used to anchor the transcript profiles ...

The objective of most US institutions with assets to invest is to fund some sort of liability, as is the case with banks, insurance companies, pension funds, and so forth. As a result, asset/liability management (ALM) should be the investment focus and the basis for selecting the core portfolio. Insurance companies may be the birthplace of ALM and certainly have been the model of ALM discipline...