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.

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.

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.

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

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.

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. 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.

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.

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.

Start with equity.

Increase of access to education and equity

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.

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.

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).

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

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.

Tina Ilo Assistant Equity Officer, Department of Strategic Management

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

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.

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.

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.

Undercapitalization can be cured by an infusion of new equity.

This implies the introduction of equity into international economic policymaking.

Gender Equity Policy and The Nine Benchmarks

If the fund does well over the next five years returns profits of 9 per year private investors get a market rate of return on their very risky equity investment and the equivalent of an annual management fee equal to 2 of assets under management.

Promotion of inclusion, equity, equality, justice and tolerance in human interactions

The equity capital of banks urgently needs to be substantially increased.

This will require an extensive swap of private debts for equity.

To receive the instruction of wisdom, justice, and judgment, and equity

Not to be forgotten is the unfulfilled agenda of gender equity.

Returns of 20 on equity targets are a thing of the past.

The advantage of equity capital is that it is loss absorbing, meaning that only after losses wipe out all of the equity do they need to be apportioned between creditors.

As indicated in the Background section, the Gender Equity Policy of the Comprehensive Reform Programme highlighted the directive to Ministries to incorporate gender equity policies in their programmes.

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.

(b) The remainder of such equity participation shall be treated pari passu for all purposes with the equity participation of the applicant except that the Enterprise shall not receive any profit distribution with respect to such participation until the applicant has recovered its total equity participation in the venture.