Effects of working capital management on the profitability of Portuguese manufacturing firms Sónia Silva* sonia@eeg.uminho.pt Florinda Silva** fsilva@eeg.uminho.pt July 2012 Abstract This study provides empirical evidence about the effects of working capital management on the profitability of Portuguese manufacturing firms. A database covering the period 1996-2006‚ collected from Portuguese Statistical Office‚ is analyzed under panel data methodology. In line with previous research
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Justification for using a corporate business structure In today ’s competitive business environment‚ your choice of corporate structure could affect your business ’ long term success. A business entity can be structured in three ways‚ that being a sole trader‚ partnership or a company. Sole traders carry on business alone‚ thus leaving the owner with complete control of the enterprise and its employees‚ ownership of all profits‚ business assets and personal responsibility for all debts. It is
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Introduction Knowing your business-level and corporate-level strategy can maximize the life of your organization. The business-level strategy focus on creating a value offering that is appealing to consumers while also being cost-effective. The business-level strategies determine who they will serve‚ what product or service will meet the needs of their targeted customers‚ and how they will keep their customers satisfied (Harvard‚ 2012). Corporate-level strategies help drive an organization and
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Tax Avoidance Analysis Tax Avoidance is a legally manipulation for the corporations to lower their tax bill by structuring transactions‚ is also called tax planning. Different with Tax Evasion‚ the Tax Evasion is Criminal and completely illegal. And in generally‚ company which have more profit should have higher tax rate‚ but with the growth of the company‚ many tax avoidance strategy were used by management as result of minimize the tax bills and also without obey the law‚ There are 3 strategies
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Appendix B Profitability Analysis Solutions to Questions B-1 Absolute profitability measures the impact on overall profits of adding or dropping a particular segment‚ such as a product or customer‚ without making any other changes. B-2 Relative profitability involves ranking segments‚ each of which may be absolutely profitable‚ for the purpose of making trade-offs among the segments. Such trade-offs are necessary when a constraint exists. Otherwise‚ they are not necessary. B-3 Every business that
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ACHARYA INSTITUTE OF GRADUATE STUDIES SOLADEVANHALLI‚ BANGALORE LECTURE NOTES SUBJECT: BUSINESS ETHICS & CORPTORATE GOVERNACE CHAPTER NUMBER-I CHAPTER NAME: - INTRODUCTION PREPARED BY: MR.SHAIKH JUNED SAOUD In brief: - Meaning of Ethics: - Ethics is derived from the latin word ETHICUS and in greek it is called ETHICOS meaning character or manners. In other words ethics is said to be source of morals‚ moral principles and recognized rules of conduct. Definition of Ethics: -
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Sainsbury Macro miens a large process is a recorded set of instructions. It used to repeat a series of commonly used commands with limited user interaction. Sainsbury’s is the chain of supermarkets in the United Kingdom. They have a large business market in around hull world. They are very careful their macro environment marketing decisions. There are five environmental factors that influence the marketing decisions and activities i.e. 1.Demographic 2.Economic 3.Natural 4.Technological
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The Effects of Corporate Ownership On Media Content “We are here to serve advertisers. That is our raison d’etre‚” said the CEO of CBS. Since the 1980s‚ there have been a lot of corporate mergers and buyouts in the media and entertainment industry. As a result‚ mainstream media has become more concentrated due to ownership and influence from advertisers. According to Mother Jones magazine‚ there were eight giant media companies dominating the US media. Most people get their information from
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Nonresident aliens engaged in trade or business E. Nonresident aliens not engaged in trade or business 4. A. Primary: Revenue or Fiscal Purpose To provide funds or property with which to promote the general welfare and the protection of its citizens and to enable it to finance its multifarious activities. B. Secondary: Non-revenue Purposes I. Regulatory purpose – Taxation is often employed as a device for regulation or control by means of which certain effects or conditions envisioned by the
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CUSTOMER PROFITABILITY ANALYSIS Customer profitability analysis (CPA) can be defined as a method used to compare the costs of all the activities used to support a customer or a customer group with the revenue generated by that customer or customer group. It is the analysis of the revenue and costs that relates to the customers which can be determined by considering the similarities and differences in customers’ buying behaviours and customer preferences. From the definition‚ it shows three features
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