The current issue and full text archive of this journal is available at www.emeraldinsight.com/0025-1747.htm MD 45‚3 Expatriates and corporate-level international strategy: governing with the knowledge contract Brian Connelly and Michael A. Hitt Texas A&M University‚ College Station‚ Texas‚ USA 564 Angelo S. DeNisi Freeman School of Business‚ Tulane University‚ New Orleans‚ Louisiana‚ USA‚ and R. Duane Ireland Texas A&M University‚ College Station‚ Texas‚ USA Abstract Purpose
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Robust Synchronization of Uncertain Linear Multi-Agent Systems Harry L. Trentelman⇤ and K. Takaba⇤⇤ ⇤ Johann Bernoulli Institute for Mathematics and Computer Science‚ University of Groningen‚ Groningen‚ The Netherlands. ⇤⇤ Department of Electrical and Electronic Engineering‚ College of Science and Engineering‚ Ritsumeikan University‚ Japan MTNS Melbourne‚ 2012 Harry L. Trentelman and K. Takaba (Johann Bernoulli Institute for Uncertain Linear MTNS Melbourne‚ 2012 Robust Synchronization
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principals and agents in business (In this relationship‚ the principal hires an agent to do the work‚ or to perform a task the principal is unable or unwilling to do. For example‚ in corporations‚ the principals are the shareholders of a company‚ delegating to the agent i.e. the management of the company‚ to perform tasks on their behalf.) Agency theory is concerned with resolving problems that can exist in agency relationships; that is‚ between principals (such as shareholders) and agents of the principals
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(shareholders‚ investors and owners) and agents (management). Theoretical discussions in business and academia may be a modern phenomena‚ however the dynamics surrounding agency relationships have been around since the dawn of barter and exchange. Most business relationships are fundamentally agency relationships. In simplistic terms principals have interests and goals to which they have transferred the means‚ responsibility and some authority to agents with the expectation that their wishes
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This essay is to critically evaluate the usefulness of the accounting theory to practicing accountants today. It will provide a general assessment of information asymmetry and the fundamental problem of accounting‚ and it will also briefly discuss the normative and positive accounting theories and their usefulness to practicing accountants. After those discussions‚ it will specifically discuss the strength and limitation of positive accounting theory and assess its usefulness to practicing accountants
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only if it is subject to the possibility of being lost. Investopedia - Risk-Return Tradeoff. (2014). Retrieved from http://www.investopedia.com/terms/r/riskreturntradeoff.asp Agency (principal and agent problems) Conflicts of interest and moral hazard issues that arise when a principal hires an agent to perform specific duties
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parties‚ where one is a principal and the other is an agent who represents the principal in transaction with a third party. Agency relationship occur when the principal hire the agent to perform a service on the principal behalf. In common‚ principal will delegate decision making authority to the agent. Agency Theory is concerned with resolving problems that may exist in agency relationship; that is‚ between principals (such as shareholders) and agent of the principals (such as company executive). The
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2011. 6. Martijn C. Schut. Scientific handbook for simulation of collective intelligence. online‚ http://www.cs.vu.nl/ schut/dbldot/collectivae/sci/sci.pdf‚ 2007. joint conference on Autonomous agents and multiagent‚ AAMASS ’05‚ pages 67–74‚ 2005. 8. Michael Wooldridge and Nicholas R. Jennings. Intelligent agents: theory and practice. The Knowledge Engineering Review‚ 10(2):115–152‚ 1995.
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By S.Murdhen 1 Table of Contents 1. INTRODUC TION .............................................................................................................. 3 2. B rief Objectives .................................................................................................................. 4 3.0 Brief Liter ature Rev iew ........................................................................................... 4 3.1 Cornerstones of dividend policy .............................
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AGENCY THEORY AND ACCOUNTING CHOICE: ISSUES AND HALLENGES BY OMEJI IKECHUKWU MAT NO MGS0803060 DEPARTMENT OF ACCOUNTING FACULTY OF MANAGEMENT SCIENCES UNIVERSITY OF BENIN‚ BENIN-CITY‚ EDO STATE‚ NIGERIA. OCTOBER‚ 2012. AGENCY THEORY AND ACCOUNTING CHOICE: ISSUES AND HALLENGES BY OMEJI IKECHUKWU MAT NO MGS0803060 DEPARTMENT OF ACCOUNTING FACULTY OF MANAGEMENT
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