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"There is a real lack of information here about how shareholders' funds are being managed".
THERE is yet another way, it seems, for top executives to dig freely into their shareholders' funds.
Royal, unlike the mutual Equitable, can use shareholders' funds to underpin the guarantees issued by the subsidiary, SunAlliance & London.
A life company's EV represents its shareholders' funds plus the value of future profits it expects to generate from its existing book of business, after adjusting for risk.
As well as taxpayers' money that disappeared, and the shareholders' funds that were wiped out, a great deal of intangible value was lost in the financial crisis.
Hitachi's total borrowings minus cash and short-term investments amount to only 21% of its shareholders' funds, compared with 127% at Toshiba and 180% at Mitsubishi Electric.
Similar(33)
Outside investors will be offered units in the Fonterra Shareholders' Fund, legally separate from the company but with dividends paid out of its profits.
The terms of the Sainsbury's deal include a 25p-a-share return of cash to shareholders funded by the proceeds of the sale of Homebase.
Edelbild is now a British limited company with 82 equal shareholders, funded with 250 Euros, and it has even had offers of venture money.
Corporate board members are disbursing shareholder funds; most patients have insurance to foot the bill.
"We hate the use of shareholder funds for this," Jason Ader, head of investment firm SpringOwl Asset Management, said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com