Equity based awards, coupled with the highly leveraged capital structure of banks, tie executives compensation to a leveraged bet on the value of banks assets. As Holger Spamann and I show in our research, executive payoffs should be tied to the long term value delivered not only to shareholders, but also to other contributors to banks capital.

They can take on more risk running a more highly leveraged business with less shareholder capital.

What's the capital structure up until this point?

The details are likely to vary depending on the capital structure of the company.

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.

Thus, a higher proportion of debt in the firm's capital structure leads to higher ROE.

Because financial institutions held much of these securities, their market values declined as well, leaving balance sheets in need of restructuring, particularly given their highly leveraged capital structures.

Investment banks commitments to leveraged buyouts became liabilities.

Germany s banks are leveraged at 32 times their assets.

This implies the need to upgrade China s industrial structure, accelerate the formation of human capital, facilitate technological progress, and undertake further institutional reforms.

Interest rate liberalization together with other financial reforms would help to improve the efficiency of capital allocation and to optimize the economic structure.

Indeed, while China s overall capital stock is by no means small, capital structure and maturity mismatches have led to the accumulation of massive volumes of non performing assets, undermining China s economic stability and financial efficiency.

A World Economic Forum study estimates that, when aligned, an annual increase of only 36 billion in public sector investment in climate change could be leveraged to 16 times that amount by mobilizing 570 billion of private capital.

The second question is how to constrain leveraged growth in the future.

The partnerships have leveraged additional funding from the Government of the Netherlands.

When production exceeds domestic demand, producers are compelled to expand exports, creating an export oriented, capital intensive industrial structure that supports rapid economic growth.

Executives in highly leveraged institutions should be paid more, because they bear more risk.

Banks are highly leveraged institutions with relatively small capital bases, so even a relatively small decline in the prices of assets that they or their borrowers hold can leave them unable to pay off depositors, no matter how long the liquidation process.

We leveraged that 10,000 seed grant more than 300 times into a 3 million park.

The crisis was caused by the largest leveraged asset bubble and credit bubble in history.

Many homebuilders are near bankrupt, as are some hedge funds and other highly leveraged institutions.

Eastern Europe has its problems, which are likely to impact Western Europe s highly leveraged banks.

In addition to the excessive focus on short term results, a second important source of incentives to take excessive risks has thus far received little attention. The payoffs of financial sector executives were tied to highly leveraged bets on the value of their firms capital.

But its revenues and expenditures were in part determined by a highly leveraged real estate bubble.

There is little excuse for Iceland, which essentially turned itself into a highly leveraged hedge fund.

The titans of Wall Street and the City of London were exposed as hugely over leveraged.

But do we really want to see the US leveraged up to its ears again? Probably not.

The legacy of excess real estate capacity and over leveraged households makes recovery all the more difficult.

Structure

Structure

Protein structure is the biomolecular structure of a protein molecule.

Eurozone banks became among the world s most over leveraged and the worst affected by the crash of 2008.

The Government's entrepreneurship policy document Entrepreneurs in Estonia stresses the need to develop the human capital and the support structure for entrepreneurship, improve financing possibilities, distribute entrepreneurial information and simplify bureaucracy.

The key is to reflect on six kinds of capital goods business capital, infrastructure, human capital, intellectual capital, natural capital, and social capital.

The structure reached its current height during the 18th century. Today, it stands as the symbol of national pride in the former capital city of Yangon. Myanmar has a Buddhist majority population.

Deleveraging by highly leveraged firms such as hedge funds will lead them to sell illiquid assets in illiquid markets.

In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls.

Emerging economies have watched the leveraged power of investors distort the price formation process in crisis stricken advanced economies.

Do we need financial institutions to be so highly leveraged (that is, carrying so much debt relative to equity)?

The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries.

This memorandum of understanding has leveraged additional funding for water for Asian cities from the Government of the Netherlands.

Post structure

C. Structure

Administrative Structure

Political Structure