In a future-flow securitization, a company issues a debt instrument whose repayment of principal and interest to investors is secured by payments on future receivables the company expects to generate through its normal course of operation. The typical future-flow originator of the receivables has been an operationally strong company domiciled in an emerging market country.

The Small and Medium Enterprises (SMEs) in the national economy play an irreplaceable role in solving the employment and achieving social stability. The credit is discriminative and the financing is difficult.

Abstract Prior research suggests client management often has incentives to achieve higher earnings. One way management can try to achieve incentives is by reducing the level of proposed audit adjustments before end-of-audit negotiations.

This book presents comprehensive coverage of project finance in Europe and North America. The Second Edition features two new case studies, all new pedagogical supplements including end-of-chapter questions and answers, and insights into the recent market downturn.

Sourcing from LCCs has boosted global trade worldwide over the past decade with a significant shift in manufacturing towards Eastern Europe and Asia

The market for cross-border supply chain finance (SCF), serving the supply chains of larger companies…