Embeddedness in the Making of Financial Capital: How Social Relations and Networks Benefit Firms Seeking Financing

o structural time/space ( verwijst nr relatie met de sociale structuur (bv. naar veranderingen in de relaties tss sociale groepen)

Market power in banking, for example, may, to a degree, be beneficial for access to financing. With too much competition, banks may be less inclined to invest in relationship lending .At the same time, because of hold-up problems, too little competition may tie borrowers too much to an individual institution, making the borrower less willing to enter a relationship (Claessens, 2009). More competition can then, even with relationship lending, lead to more access. Financial managers must be aware of its firm's competition and ensure a proper balance for financial

Social capital also plays a role in Germeka’s experiences and opportunities and can account for some of our interactions. Relationships and social-ties influence a person’s decisions, expectations and opportunities for advancement. Like I said before, the amount of people Germeka

Anders, George. Merchants of Debt: KKR and the Mortgaging of American Business. Washington, D.C.: Beard Books, (2003

This article related to economics because each day the economy can change ever so slightly and the company could start losing money or they could start gaining money. Many people think that they can start a company or buy shares from it and expect to start gaining money, but in reality they can lose a lot of money due to the economy effects. In the world

Op basis van dit gegeven segmenteren autofabrikanten de consumenten op basis van inkomen en leeftijd. Zij gaan er van uit dat kleine auto's verkocht worden aan jongere kopers met een lager inkomen en grotere auto's aan oudere meer welgestelde kopers en families. We spreken in dit geval dus van een segmentatie gebaseerd op demografische factoren; leeftijd, inkomen en samenstelling van het huishouden spelen in deze opvatting de belangrijkste rol bij de aankoop van een auto. Net als andere automobielfabrikanten, heeft ook Ford van deze segmentering gebruik gemaakt.

WACC or weighted average cost of capital is the firm’s cost of capital with each category of capital weighted proportionately. The more debt that company uses, the higher the WACC. The higher the WACC, the higher the company’s risk. When using debt, the WACC begins to fall, but eventually, the costs of debt and equity will cause WACC to increase which will in turn cause the value of the company to drop. This brings us back to the optimal or target capital structure, where the debt to equity ratio maximizes the firm’s value.

Nowadays, many social scientists agree that social capital is present and positively contributes to economic growth in the light of many studies. In other words, social capital is important to the efficient functioning of modern economies. It constitutes the cultural component of modern societies, which in other respects have been organized since the enlightenment on the basis of formal institutions, the rule of law, and rationality. Building social capital has typically been seen as a task for second generation economic reform; but unlike economic policies or even economic institutions, social capital cannot be so easily created or shaped by public policy. This project will define social capital, explore its economic and

Zo bieden we onze medewerkers onder meer een kortingspas die een aantrekkelijke korting oplevert bij aankopen binnen de Bijenkorf. Daarnaast besteden wij aandacht aan uiteenlopende ontwikkeling- en doorgroeimogelijkheden onder andere voor jong talent, vakspecialisten en aankomende managers.

As a startup, there exists a plethora of obstacles a firm must overcome before it can become a successful company. The earliest, and arguably most critical, hurdle a startup must surmount is deciding which method of financing their startup requires. It goes without saying that choosing the best method of financing is crucial to a firm’s success as a startup. Nevertheless, while we analyze when a firm implements said methods of financing, it is important to also look at the stages of financing a startup undergoes. By understanding these stages of financing, one can have a sharper grasp as to when and why a firm might favor a particular financing option.

According to Schmukler (2004), when financial institutions in one country are under duress, borrowers have the option to raise capital by issuing shares in domestic or international capital markets. The globalization of finance make the valuing and distribution of capital more efficient as changes in financial risks are revealed quickly. Furthermore, borrowers and investors can obtain better terms on their financing as “they are able to tap a broader pool of capital from a more diverse and competitive array of providers” (Häusler, 2002). Corporations can afford tangible investments because they have become substantially cheaper. As a result, these reduced rates improve economic activity and growth, in addition to economic prosperity. Emerging enterprises and reputable banks can source funds from a diverse group of providers, and build their businesses.

In conditions of employer employee correlation in the West, Kanter (1972) posits two kinds of relational ties. One sort is non-rational, touching, poignant, conventional and expressive; the other is rational, contractual, instrumental, and task-oriented. Likewise, in the Western network resources literature, relational ties have been theoretically

Estas medidas tomadas por Gerstner contribuyeron a que la empresa generara utilidades para el último trimestre de 1993. Para fines de 1994 la utilidad se incrementó a $5 billones con ingresos de $64 billones. Finalmente, Gerstner logró implementar una reingeniería global de las funciones y procesos operativos y organizacionales, asignando la responsabilidad personal de cada proyecto a los miembros del comité ejecutivo corporativo. Los retos que tuvo que tomar vienen desde su ingreso a la compañía, en un principio se esperaba que la

In finance, capital structure refers to the way a corporation finances its assets through some combination of equity, debt, or hybrid securities. A firm 's capital structure is then the composition or 'structure ' of its liabilities. Simply, capital structure refers to the mix of debt and equity used by a firm in financing its assets. The capital structure decision is one of the most important decisions made by financial management. The capital structure decision is at the center of many other decisions in the area of corporate finance. These include dividend policy, project financing, issue of long term securities, financing of mergers, buyouts and so on. One of the many objectives of

Eind jaren ’90 kwam de ‘Nieuwe Economie’ in de V.S. op gang. Economisch zat de V.S. op een hoogtepunt en er was alleen maar optimisme. Er was sprake van een uitmuntend budgettair en monetair beleid: overheidstekorten in industrielanden werden zo goed als helemaal weggewerkt en de inflatie werd in de hand gehouden. Hierdoor daalden de rentes en men was zeer optimistisch ingesteld. Het was een zeer gunstig moment