Reynolds Holding

JUNE 13, 2022

That is, if the quota were to reduce board effectiveness significantly, we would expect firms to experience a post-compliance decline in operating profitability. In our second paper, we extend this research in two directions. The first is to examine whether the quota law materially affected common measures of board effectiveness.

Firm Value 59

Firm Value EBIT Marketability Compliance 59

ThomsonReuters

MARCH 9, 2023

Second, the limitation on business net interest deduction is reduced to 30% of earnings before interest and taxes (EBIT) instead of earnings before interest, taxes, depreciation, and amortization (EBITDA). First, businesses are required to amortize research and development expenses over a five-year period.

EBIT 59

EBIT EBITDA Technology Compliance 59

Erik A. Lopez

SEPTEMBER 23, 2015

First, it qualifies ( i.e. , limits) various seller representations, warranties and covenants , establishing a relatively high threshold for disclosure or compliance relating to risks associated with changes in the target’s business. In particular, IBP’s past performance revealed strong swings in annual EBIT and net earnings.

Net Debt 52

Net Debt EBIT Marketability Specific Risk 52