equity definition
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Second Transfer Of Rights Surplus Volume Bidding Round: Ordinance Regulating Co-Participation Agreement Published
... and definition of the Co-participated Area; (ii) the ... Co-participated Area Operator, ... services including: corporate and M&A; debt and equity capital ... markets; banking and finance; employment and benefits; ...
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Internal Investigations And Cooperation With Enforcement Authorities
... cooperation ... However, in general, there is no unique definition for what ... should be considered cooperation. While some jurisdictions ... services including: corporate and M&A; debt and equity capital ... markets; banking and finance; employment and benefits; ...
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GSGA Special Report Brazilian Tax Review 06/2014 July/August
... Therefore, under this definition, if the economic result takes place exclusively abroad, the ISS tax is not ... This legislative change may lead to future disputes about which equity investment sales transactions are subject to PIS and COFINS taxes, i.e., ...
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New Rules in Brazil Applicable to Financial Institutions
... related to the organization, permit to operate, transfer of equity shareholding and corporate reorganization, as well the revocation of ... Controlling group is a concept deriving from the definition given to "controlling shareholder" by existing law governing ...
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Performance effects of stakeholder interaction in emerging economies: evidence from Brazil.
... ), there are other normatively legitimate stakeholders than simply equity shareholders alone" (Phillips et al., 2003, p. 481). The firm should then ... Definitions of Observed Variables Variable Operational Definition Community Coded 1 for a firm who had participated in at least one project ...
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Brazil Adopts Thin Capitalization Rules
... foreign companies to use intercompany loans instead of direct equity investments in order to transfer funds to finance the activities of their ... The definition is contained in article 14 of Law 9.430/1996 ... 5. For the purpose of ...
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The construction of organizational identity: discourses on a Brazilian private railroad.
... 46) ... Based on this definition, we notice the great influence of the managerial ideological creation in ... prior to it being controlled by Company Y; the lack of salary equity between Company Y's railroad workers; and the great deactivation of the ...
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Brazilian Tax Authorities Issue a New List of Favored Taxation Countries
... The same rates are valid in the case of payment of interest on net equity (juros sobre capital próprio) for both situations. The tax exemption ... The definition is contained in article 14 of Law 9.430, of December 27, 1996, which ...
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The Brazilian Stock Investment Funds - Market Access
... of the invested company, with effective influence in the definition of its strategic policies and management, particularly by: (a) appointing ... Funds - CVM also allows the incorporation of funds to invest in Equity Investment Funds (Fundos de Investimento em Participações - FIPs), ...
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Latin Lawyer Reference: Merger Control 2016 - Brazil
... provides (i) the short and standard filing forms; (ii) the definition of economic group for purposes of the calculation of the relevant turnover ... A filing is mandatory only if: (i) the percentage of equity to be acquired, once the bonds are converted into equity, meets the ...
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Fintech In Brazil
... virtual assets issued abroad that could be included in the definition of 'securities' for the purposes of Brazilian law. The note also contains ... Securities Commission (CVM) sets forth the contours and limits for equity crowdfunding exempted public offerings. Any company bearing annual gross ...
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Distribution Of Partial Dividends By Brazilian Corporations: A Practical Approach In View Of M&A Transactions
... company's dividends in October, just before the sale of their equity ownership to a third party? In other words, if Section 204 of Brazilian ... consider all corporate and tax issues that impact on the definition of the purchase price. Among such issues, we highlight the relevant ...
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General View Of The Project "Transfer Pricing In Brazil"
... since the definition of intangibles contained in the current ... Brazilian rules may not be as ... services including: corporate and M&A; debt and equity capital ... markets; banking and finance; employment and benefits; ...
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Brazilian Data Protection Authority's Most Relevant Publications To Date
... 2 for other ... processing agencies is the definition of high-risk processing in ... Article 4. As a result of this resolution, ... services including: corporate and M&A; debt and equity capital ... markets; banking and finance; employment and benefits; ...
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The Internationalization Process Of Brazilian Companies - The Brazilian Multinationals
... in this process is the main issue of discussion, as well as the definition of the degree of Government intervention in the economy. Basically, there ... actions through instruments such as financing, tax incentives and equity participation in companies; and (B) the second model is the Facilitator ...
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Central Bank Of Brazil Regulates Covered Bonds
... Definition and Conditions for Issuance ... The Resolution repeats the concept given ... ); and (ii) with respect to the minimum requirements for Reference Equity, Level I and Principal Capital established by the BCB ... The issuing ...
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Hedge Fund Regulation in Brazil - Part 1(a)
... , but today there is a second wave of funds, using long/short equity strategies such as pair trading and equity hedge, as well as arbitrage ... facts shall be explicit in the disclosure of information policy definition: (a) minimum periodicity of the advertising of the fund's portfolio ...
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Conversion Of PM 627/2013 Into Law Nr. 12.973/2014: A New Round Of Controversy Approaches
... the remuneration, charges, expenses and other costs relating to equity instruments and subordinated debt instruments, issued by companies, except ... On top of this, it was clarified that a definition of the relationship of dependence, in cases of acquisition of corporate ...
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New Regulation of Investment Funds in Brazil
... 409 divides the investment funds in different classes, based on the equity composition, as discussed in details ahead. Pursuant to this category, ... Pursuant to definition in Instruction CVM nº 306, of May 5, 1999, the management of securities ...
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Valuation of quality attributes in the price of new economy cars/ Valoracao de atributos de qualidade no preco de veiculos populares novos/ Valoracion de atributos de calidad en el precio de vehiculos populares nuevos.
... (item 1), we present the theoretical reference on the definition of quality and how it can be measured by using the theory of hedonic ... 6. BIBLIOGRAPHIC REFERENCES ... AAKER D. A. Marcas: Brand Equity. Gerenciando o valor da marca. Sao Paulo: Negocio Editora, 1998 ...
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10 Traps To Avoid In Drafting Arbitration Agreements*
... Parties may even determine the use of equity by the arbitrator(s) if they so desire or may also agree that the ... Trap No. 9 – Definition of the Limits of the Arbitration ... The ninth trap is the lack of the ...
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Commodities Brokerage Houses In Brazil
... A commodities brokerage house must additionally show equity and financial adequacy, as determined by the futures and commodities ... 3 This definition was already described in article 2, item III, of CVM Instruction nº 387, ...
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The Relationship between Market Sentiment Index and Stock Rates of Return: a Panel Data Analysis
This article analyzes the relationship between market sentiment and future stock rates of return. We used a methodology based on principal component analysis to create a sentiment index for the Brazilian market with data from 1999 to 2008. The sample consisted of companies listed on BM&FBOVESPA which were grouped into quintiles, each representing a portfolio, according to the magnitude of the...
... The results indicate that both equity and bill prices correlate positively with investor mood, with higher asset ... By definition, ... , the error term, should not be correlated with the regressors ... -
RELATORIO de ACÓRDÃO Nº 1437 de Tribunal de Contas da União, Plenário
... actual data: 2018 Notes: Gross debt follows the Maastricht definition of gross debt, and excludes other accounts payable Fiscal assumptions: ... , short-term and other bonds, investment fund shares, loans, and equity. Fiscal assumptions: Projections use the baseline forecasts in the 2019 ...
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Fair trade practices in the Northwest Brazilian Amazon.
... 32) ... For the equity and the protection of the environment, scale of production fits into other ... However, FINE has developed a widely accepted definition that considers fair trade as a trading partnership, based on dialogue, ...