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The number of non-banking financial companies has expanded greatly in the last several years as venture capital companies, retail and industrial companies have entered the lending business. Non-bank institutions also frequently support investments in property and prepare feasibility, market or industry studies for companies.
Non-financial risks (NFR) are all of the risks which are not covered by traditional financial risk management. [1] This negative definition resembles the initial definition of operational risk , and it depends on the bank or corporation whether or not they use the term operational risk synchronously with NFR.
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Aside from SOEs, there are also provincially- or municipally-owned corporations, locally known as Badan Usaha Milik Daerah (BUMD). The primary difference between BUMNs and BUMDs is the ownership of the enterprise, whereas BUMNs are controlled by the Ministry of State Owned Enterprise while BUMDs are directly controlled by the local government.
Non-financial assets may be tangible (also known as real assets, e.g., land, buildings, equipment, and vehicles) but also intangible (e.g., patents, intellectual property, data). [ 1 ] [ 2 ] Non-financial assets can be further divided into produced assets (fixed assets, inventories, and valuables) and non-produced assets (natural resources ...
An unlisted public company, also known as an unquoted public company, [1] [2] is a public company that is not listed on any stock exchange.This enables it to raise finance by the issuing and sale of shares to the public, such as through advertising, but without listing on an exchange.
Therefore, it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [4] [5] A mutual-benefit corporation can be non-profit or not-for-profit, but it still must pay regular corporate tax rates. A mutual benefit corporation will pay the same taxes as a regular for-profit corporation, with C corporation tax rates.
Logo of the United Nations Children's Fund (UNICEF), an organization of the United Nations. A nonprofit organization (NPO), also known as a nonbusiness entity, [1] nonprofit institution, [2] or simply a nonprofit, [a] is a non-governmental (private) legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to ...