All SBICs--bank-related and others--account for about 7 percent of the venture capital
market and about 2 percent of the total private equity market.
Labor is more productive when more capital
is added, and capital
is more productive when there is more labor.
If securities that are capital
assets (as defined by Sec.
Many of them are producing social capital
that the rest of us profit from.
is the set or network of social relationships by which most people find employment.
While the relationship between risk and capital
management seems clear enough in principle, the question is, how does a company put that principle into action?
On June 12, 2003, the government released its 2003 budget proposals and announced its intention to defer the reduction in capital
tax rates that was scheduled for calendar years 2004 and thereafter.
Later, coordinated international efforts led to the more elaborate, though still relatively simple, Basel Capital
Accord, which sets forth a framework for capital
adequacy standards for large, internationally active banks and serves as the basis for the risk-based capital
adequacy standards currently in place for all U.
The industry's capital
intensity is particularly disconcerting considering that:
Thus, while many in this industry recognize their competitive vulnerability with regard to revenues and growth potential, few realize that competition for capital
is equally important.
The firm's total committed capital
under management exceeds $1 billion, including $368 million committed to Alloy Ventures in 2005.
Finally, the Service was bothered that without a change to the existing rules, an income beneficiary could receive tax-free distributions of, essentially, a portion of the trust's capital
gain, while the remainder beneficiary pays the tax thereon.