roles than the males. Welcome Back Kotter is a show that has a Mexican‚ a black‚ a Jew‚ an Italian‚ and White students. The teacher teaches in Brooklyn and faces daily conflicts and how they overcome them. It speaks about all the different races and the day to day problems they encounter and how the teacher explains to them how to handle the situations in a good way and with no violence. The teacher also has to deal with racism in the classroom and he settles them down and talks with
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journal is available at www.emeraldinsight.com/1755-4179.htm Shareholder and stakeholder theory: after the financial crisis Terence Tse ESCP Europe‚ London‚ UK Abstract Purpose – The recent financial crisis has restarted the debate of the value of both shareholder and stakeholder theories. This paper aims to continue this discussion. Design/methodology/approach – The paper reviews existing literature and examines the benefits and problems associated with these frameworks through the lens of the recent
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2.6 Is Shareholder Value Maximization the Right Objective? In their widely cited book The Value Imperative—Managing for Superior Shareholder Returns‚ McTaggart‚ Kontes‚ and Mankins (1994) write‚ Maximizing shareholder value is not an abstract‚ shortsighted‚ impractical‚ or even‚ some might think‚ sinister objective. On the contrary‚ it is a concrete‚ future-oriented‚ pragmatic‚ and worthy objective‚ the pursuit of which motivates and enables managers to make substantially better strategic and organizational
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Protecting interest of the minority Shareholders M S Siddiqui Legal Economist and pursuing PhD in Open University‚ Malaysia e-mail: shah@banglachemical.com The over-investment by directors is not good for the stock market and it should be addressed properly to find a way out and safeguard interest of minority shareholders from the experience of other markets‚ writes M S Siddiqui………………. http://www.thefinancialexpress-bd.com/2013/11/25/5614 In Asian countries including Bangladesh‚ the
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Change Agent In today’s work force a manager must be able to foster the necessary changes impeding the future growth of the company. Having a spirit of servanthood can be beneficial for employees to witness because it can become contagious. A manager must take the lead with their vision‚ passion‚ and a positive attitude to engage employees with impeding changes. This paper will focus on how past actions developed my personal ‘Leadership Philosophy’ and how it relates to becoming a change agent
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Inc.‚ has been asked to evaluate a proposal. The manager of the automotive division believes that replacing the robotics used on the heavy truck gear line will produce total benefits of $560‚000 (in today’s dollars) over the next 5 years. The existing robotics would produce benefits of $400‚000 (also in today’s dollars) over that same time period. An initial cash investment of $220‚000 would be required to install the new equipment. The manager estimates that the existing robotics can be sold for
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Summary In recent decades ‚the phenomenon that a lot of companies focus on increasing the shareholder value has aroused wide concern among various circles. In view of this issue‚ creating shareholder value maybe is a main point to allow the company to achieve success in their marketplace. According to Alfred Rappaport ‚ there are 10 ways that can create shareholder value. The first one is ‘Do not manage earnings or provide earnings guidance’ .A lot of companies are keen on reducing the spend
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According to (Tandon‚ 2002)‚ a change agent needs many personal characteristics in order to be successful. The role model of an outstanding change agent is embodied by James Shaw‚ who is described as young‚ ambitious‚ idealistic‚ demanding‚ enthusiastic‚ creative‚ intelligent‚ educated‚ persistent‚ strong-minded‚ as well as naïve‚ inexperienced‚ critical and unrealistic. He seems to have it all. And what his skills portfolio is missing‚ he compensates by building a powerful team around him. By recruiting
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analysis Robert was an agent. An agent is a party who agrees to act on behalf of another. Agency relationships are formed when a principal (employer) and the agent (person acting on the principals behalf) agree on a working arrangement in which the agent acts on the behalf of the principal. The Agency is governed by a large body of common law known as agency law (Cheeseman‚ 2010). In this scenario the local electronic superstore is the principal and Robert is the agent doing the delivering
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Differences between Tax Avoidance and Tax Evasion Tax avoidance is generally the legal exploitation of the tax regime to one’s own advantage‚ to attempt to reduce the amount of tax that is payable by means that are within the law whilst making a full disclosure of the material information to the tax authorities. Examples of tax avoidance involve using tax deductions‚ changing one’s business structure through incorporation or establishing an offshore company in a tax haven. By contrast tax evasion
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