Antitrust as Frontier Justice: Is It Time to Retire the Sheriff?

Dr. Sagner's article on antitrust laws.The final published copy can be bought from the publisher at http://onlinelibrary.wiley.com/doi/10.1111/j.1467-8594.2006.00260.x/abstracthttps://doi.org/10.1111/j.1467-8594.2006.00260.

The OPQR Paradigm

The chapter on the OPQR paradigm from Professor James Sagner's book Cashflow Reengineering

Concentration Activities

The chapter on concentration activities from Professor James Sagner's book Cashflow Reengineering

Liquidity Ratios in Bank Loan Covenants

Bank loan covenants are restrictions that require stated levels of performance by borrowers, and are often measured by standard financial ratios. The research on loan covenants has assumed that these measures are useful, providing information to lenders as to the viability of borrowers. This analysis uses a sample of current ratios to suggest that such balance sheet ratios may have limited predictive value of impeding defaults, and proposes that total receipts-to-cash flow, a ratio comprised of data from both significant financial statements, provides superior forecasts of such outcomes. The research is based on U.S. experience during the recent credit crisis

Risk Management and Control Procedures

The chapter on risk management and control procedures from Professor James Sagner's book Cashflow Reengineering

Treasury Products for Mid-Size to Small Corporates

Dr. Sagner's article about treasury and non-credit services market for mid-size and smaller companies

Disbursement Activities

The chapter on disbursement activities from Professor James Sagner's book Cashflow Reengineering

Collection Activities: the Management of Cash

The chapter on collection activities and the management of cash from Professor James Sagner's book Cashflow Reengineering

The Reengineering of Organizations

The chapter on the reengineering of organizations from Professor James Sagner's book Cashflow Reengineering

Mergers And Acquisitions: Today's Catalyst Is Working Capital

In developed economies M&As are now used to acquire balance sheet assets, particularly cash hoards and other working capital; previously, M&A was oriented to strategic diversification or integration. Although the volume of deals is down due to global economic conditions, the premiums paid for companies remain robust. Acquirers appear to understand the risk inherent in these transactions, including the threat of investigation by US, EU, and Japanese regulators. Until the recent problems with lines of credit provided by banks, many companies held excessive amounts of liquidity, making them vulnerable to unfriendly takeovers. Various consulting companies have international practices in working capital management, including advising on mergers and assisting management to achieve efficiencies after the deal is completed. Global M&A looks for the following characteristics: a high current assets-to-revenue relationship; a holding of cash that is not likely to be applied to business operations; and a proven income stream that should provide adequate cash flow to pay down borrowings used to provide financing for an acquisition.http://www.financepractitioner.com/contentFiles/QF01/hmz2o7ek/13/0/mergers-and-acquisitions-todays-catalyst-is-working-capital.pd