Corporate Actions: A Guide

Corporate actions are events that affect large corporations through to the individual investor - even those that own a single share! All organizations that hold equity and debt securities for themselves and/or on behalf of others are affected when the issuer of a security announces an income or corporate action event. The successful management of the array of different event types requires understanding of the inherent risks, and tight controls at critical points in the event lifecycle. The management of income and corporate action events are important and essential parts of the securities industry business. Written by authors with many years experience within this sector, "Corporate Actions: A Guide to Securities Event Management" sets out to demystify the subject and provides a thorough, step-by-step introduction to corporate actions and income events. "Corporate Actions is a comprehensive source for understanding a major component of operational processing. The individual components and their relation to each other within the corporate actions lifecycle are explained in detail, through which the reader will gain a clear and thorough understanding of the lifecycle together with potential processing risks and the strategies to mitigate. "Corporate Actions" is essential reading for all those involved in the securities industry, from new recruits to those involved in both the day-to-day operations process and those within executive management. It will also prove invaluable to those providing consultancy and software solutions to the securities industry. "Corporate Actions" is the first major work on this subject. Many people within the securities industry have heard of corporate actions - many people know they can be highly risky - many organizations have lost vast sums of cash in attempting to process them - very few understand them! http://www.dropshippers.co.za/

• Title: Corporate Actions
• Subtitle: A Guide to Securities Event Management
• Illustrations note: Illustrations
• Imprint name: John Wiley & Sons Ltd
• Table of contents: Introduction. About the Authors. PART I INTRODUCTORY ELEMENTS. 1 Basic Corporate Action Concepts. 2 Event Description and Classification. 3 The Securities (and Corporate Actions) Market Place. 4 Static Data. 5 Securities Position Management. PART II MANDATORY EVENTS. 6 Overview of the Generic Corporate Action Lifecycle. 7 Straight Through Processing. 8 Event Terms Capture and Cleansing. 9 Determining Entitlement. 10 Communication of Event Information. 11 Calculation of Resultant Entitlements. 12 Passing of Internal Entries. 13 Collection/Disbursement of Resultant Entitlements. 14 Updating of Internal Entries. 15 Examples of Mandatory Events. PART III EVENTS WITH ELECTIONS. 16 Concepts of Events with Elections. 17 Management of Mandatory with Options Events. 18 Management of Voluntary Events. PART IV MULTI-STAGE EVENTS. 19 Concepts of Multi-Stage Events. 20 Management of a Rights Issue. 21 Example of a Rights Issue. 22 Concepts of Takeover Events. 23 Management of Takeover Events. PARTV TAXATION. 24 Concepts and Management of Taxation. 25 Management of Income Tax. PART VI ISSUER NOTICES. 26 Concepts and Management of Issuer Notices. PART VII OBJECTIVES AND INITIATIVES. 27 Objectives and Initiatives. Glossary of Terms. Index.
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