A company that is prime for takeover but has not been approached by an acquiring company. A company may be considered a sleeping beauty because it has large cash reserves, undervalued real estate, or huge potential.
The idea that skirt lengths are a predictor of the stock market direction. According to the theory, if skirts are short, it means the markets are going up. And if skirt are long, it means the markets are heading down. The idea behind this theory is that shorter skirts tend to appear in times when general consumer confidence and excitement is high, meaning the markets are bullish. In contrast, the theory says long skirts are worn more in times of fear and general gloom, indicating that things are bearish. Although some investors may secretly believe in such a theory, serious analysts and investors - instead of examining skirt length to make investment decisions - insist on focusing on market fundamentals and data.
The principle that companies should contribute to the welfare of society and not be solely devoted to maximizing profits. Socially responsible companies can act in a number of ways to benefit society. For example, companies can give money to the arts, fund academic scholarships, support community-building initiatives, and so on. They can also commit to not pollute or to reduce the pollution they put out, to not build weapons, and so forth.
A type of electronic commerce that employs social media to promote online transactions. Social commerce employs such tools as shared pick lists and ratings posted by previous users to assist online buyers with their transactions. It also encompasses other social shopping tools, such as forums and communities that allow buyers and sellers to discuss their online shopping experiences and compare transactional information. Social commerce was first introduced by Yahoo! in November,2005. The concept was developed to enable online shoppers to obtain reliable advice and support from online experts regarding their transactions. Social commerce is separated by some from social shopping; the former is the collaboration of online vendors while the latter is the networking of online shoppers.
A formal review of a company’s endeavors in social responsibility. A social audit looks at factors such as a company’s record of charitable giving, volunteer activity, energy use, transparency, work environment and worker pay and benefits to evaluate what kind of social and environmental impact a company is having in the locations where it operates. Social audits are optional--companies can choose whether to perform them and whether to release the results publicly or only use them internally. In the era of corporate social responsibility, where corporations are often expected not just to deliver value to consumers and shareholders but also to meet environmental and social standards deemed desirable by some vocal members of the general public, social audits can help companies create, improve and maintain a positive public relations image. Good public relations is key because the way a company is perceived will usually have an impact on its bottom line.
An economic indicator based on the theory that listening to what people are talking about at their children's soccer games (or similar event) is one of the best ways to find out how the economy or investing environment was doing. The soccer mom indicator is considered a lagging indicator. This means that if a parent is talking about internet stocks, then you know the internet stock phenomenon is nearing its end because everyone already knows about it.
Something that serves as indisputable evidence or proof, especially of a crime. Here is an example used in everyday language from CNN.com on Feb 6, 2002: "Maybe there was no proof before, but there is now; a secret memo - personally handed to [U.S. Vice-President Dick] Cheney by Ken Lay [ex-Enron chairman and CEO], which helps explain why the White House is so skittish about Enron and why Cheney and [U.S. President George W.] Bush stubbornly refuse to release the records of those energy task force meetings. The memo was obtained by the San Francisco Chronicle and reported exclusively there last week. This is the Enron smoking gun."
Any type of commission that is not paid in actual dollars. Soft commissions allow investment companies and institutional funds to cover some of their expenses through trading commissions. For example, receiving research from a counterparty in exchange for using their brokerage services. Thus the expense would be classified as trading commissions and at the same time would lower their reported expenses on research in this instance. There are a large number of investment funds that usually buy things in soft dollars, because it allows the fund to avoid reporting expenses to cost-sensitive investors. Soft commissions thereby allow funds to finance their expenses and ultimately lower their expense ratios. But this type of reporting has frequently resulted in reporting problems for fund companies for various reasons.