Corporate Cashflow Magazine articles from December 1993

Corporate Cashflow Magazine archives from December 1993

SPDR web ensnares both active, passive fund managers. (Standard & Poor's 500 Depository Receipts) (Investments & Benefits)
December 1, 1993... When SPDRs dropped into the market last fall, plenty of interested collectors pursued them, including many pension plan managers. SPDRs, pronounced "spiders" and short for Standard & Poor's 500 Depository Receipts, "walk and talk like a...

Pollution allowances: industrials split over value of EPA plan. (Environmental Protection Agency) (Risk Management)
December 1, 1993... With the recent publication of "opt-in" provisions for its acid rain program, the Environmental Protection Agency is offering industrial companies what it hopes will be a cost-effective method for financing compliance with the 1990 Clean Air Act....

Shrinking credit staffs reach for temps, outsourcing. (temporary employees) (Credit & Accounts Receivable)
December 1, 1993... J. Patrick Addison works as an outside consultant, showing senior managers how they can eliminate some or all of the staff positions in their credit and accounts receivable departments. He preaches a message that scares many credit pros....

Treasuries add the icing: building optimal capital structures that can support a tasty future.
December 1, 1993... Confronted with low rates and a strong market for corporate securities of almost any type, financial chiefs are busy building the ideal capital structure, skillfully fitting together selected blocks of debt and equity. The perfect palace of...

Options: Black-Scholes, binomial or minimum value? (executive stock options)
December 1, 1993... Treasury, accounting and compensation pros are still trying to sort out the consequences of the recent decision by the Financial Accounting Standards Board to suddenly assign value--and profit-shrinking reported expense--to one of the most...

Foreign or domestic? Choosing the right bank for cross-border transactions.
December 1, 1993... Foreign or domestic? Like selecting a wine, choosing the right bank is a matter of taste. As international trade expands, more companies must learn that sometimes complex nuances of dealing with overseas trading partners. Treasury managers...

To S. Claus: bring short-term bank notes. (investment wish list) (Basis Points) (Column)
December 1, 1993... Dear Santa: We need to talk. On second thought, I'll talk. You listen. While I acknowledge that you and your elves are under major-league stress before Christmas Eve, I feel compelled to offer some constructive criticism. Let's get straight...

Corporate treasurers start throwing the long bomb. (Capital Ideas) (Column)
December 1, 1993... This year's flotations of bonds maturing in 50 or 100 years may well signal a broader trend toward longer-term corporate borrowing. True, some treasurers still get funding at the short end for hundreds of basis points less than they would pay...

Health care overhaul offers a little sugar with the pill. (Washington Watch) (Column)
December 1, 1993... Expanded state taxing powers will be among the hardest aspects of the Clinton health care proposal for corporate America to swallow, but the administration plans to sweeten the remedy with premium caps and cost-sharing for retirees. The plan...

When is it time to retune your cash flow system? (Benchmarks) (Column)
December 1, 1993... The biggest problem with treasury reviews is that they seldom get done. Most companies are perfectly satisfied to live with the problems of an out-of-date cash flow system because they are familiar. They fail to realize the potential for huge...