If house prices go up, you make a good return on your equity (and a better return than if you had put 20 down).

Finally, the bankers are paid according to return on equity, unadjusted for risk, so it is very much in their interest to continue running their business with very little equity.

Higher leverage increases their payoffs when times are good as executives and traders are paid based on their return on equity.

As a result, ample reserve funds have been created on the banks balance sheets and return on equity has remained high.

For example, they use return on equity as their primary measure of profitability, but neglect to distinguish between ROE and shareholder value.

Governments do not tax the return on equity less than debt interest, and lenders do not sufficiently honor the benefits of high equity with lower interest rates, owing to a lack of information about the true repayment probability.

It opened its first branch on November 22, 1999 and managed to achieve in its first year of activity a 5 return on equity.

The bankers retort that they must pay a higher return on any additional equity that they issue, so that more equity would increase their cost of capital, forcing them to raise interest rates on the loans they make, which would reduce economic activity.

Ms. Tavares da Silva said that she wished to return to the issue of equality versus equity, which was more than just a question of terminology.

If the portfolio does less well profits of 4 per year the managers still get a healthy but sub market return of 10 per year on their equity.

Ms. Wahlstrom stressed the challenge of the return of Burundians to their communities of origin and stated that, in this context, the issue of equity in assistance was essential.

Start with equity.

In the past, bank executives bonuses were often based on accounting measures that are of interest primarily to common shareholders, such as return on equity or earnings per common share.

i. Gender Equity Policy

Promoting greater gender equity.

And leading bank executives still insist that they should be allowed to run highly leveraged global businesses, in which they are paid based on their return on equity unadjusted for any risk.

Taming the Private Equity Locusts

Employment equity and workplace diversity

Equity structures have also benefited from logistical support (computers, office facilities) and from technical assistance (National Equity Committee).

Higher equity capital requirements, for example, require banks to fund themselves with relatively more equity and relatively less debt.

Subprogramme 4 Social development and equity

As a further enhancement to the Australian Government's equity provisions for higher education students, the Higher Education Equity Support Programme was introduced in 2005 following a review of higher education equity measures under the reforms.

Increase of access to education and equity

Gender Equity Policy and The Nine Benchmarks

Indeed, if, as some believe, only a fraction of the banks equity is at risk, the potential debt equity swaps would be minuscule.

The Pay Equity Act was adopted in 1996.

Equity in the Schools Project 1998 1.1 billion.

Development in equity and democracy is the formula.

Equity interest the Equity interest, which shall take effect at the time the applicant applies for a contract for exploitation, shall include the following

Under Chapter 11, companies with a solid underlying business generally swap debt for equity. Old equity holders are wiped out and old debt claims are transformed into equity claims in the new entity which continues operating with a new capital structure.

Clearly, we need to know whether and how the Kosovo Serbs will be able to continue to live in Kosovo or to return under conditions that are consistent with law, equity and the standards that prevail in Europe today.

Regulators might consider imposing pro cyclical equity requirements increasing the equity percentage in boom times in order to offset losses in the inevitable bust times.

Banks often oppose higher equity asset ratios, because equity capital is more expensive than debt capital. But this is precisely because of the lemon effect.

(c) Good governance and equity at the international level

Many countries tax systems hugely favor debt over equity.

Equity markets were subjected to disclosure and transparency requirements.

Special communiqué on violence against women and gender equity

Special communiqué on violence against women and gender equity

Tina Ilo Assistant Equity Officer, Department of Strategic Management

To effect these plans, an Equity Desk was established under the Department of Strategic Management and a Social Equity Task Force with representatives from both Government and civil society organizations were appointed to monitor the development and implementation of the Gender Equity Policy.

The critics arguments about the benefits of equity are equally unsatisfying. Of course, given a set of bank assets, more equity would reduce the risk of failure.

This form of financing is often used by private equity investors to reduce the amount of equity capital required to finance a leveraged buyout or major expansion.

Equity owners in banks should not get a free ride.

This may be good on efficiency and even equity grounds.

Undercapitalization can be cured by an infusion of new equity.