MGMT640 – Textbook Notes PART 1 FUNDAMENTALS OF CORPORATE FINANCE Chapter 1 – The Financial Manager and The Firm 1.1 The Role of the Financial Manager * financial manager should make decisions that maximize value of owners stock/wealth – wealth is the economic value of the assets someone possesses * stakeholders – anyone other than an owner (stockholder) with a claim on the cash flows of a firm‚ including employees‚ suppliers‚ creditors‚ and the government * productive
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Capital Punishment What is Capital punishment? Capital punishment is the utimate punishment‚ being put to death. It has been used in ancient times as well as the present to punish those who commit crimes deemed justifiable by putting the offender to death. Over the course of human existence we as a society have struggled with whether capital punishment is right or wrong. The bible advocates death for murder and several other crimes such as kidnapping and witchcraft and I feel that if society deems
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One of the major operating risks is the need to continuously keep in touch with the ever-evolving sports world‚ as well as the demand of consumers who are constantly demanding new products and services. Financial Risks of Nike The strong indication of a company’s financial risks is the debt to total capitalization ratio. This ratio measures the portion of a company’s total capital structure that is financed by debts. The ratio is calculated as: According to the balance sheet dated
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Galileo: Intellectual Revolution in the Renaissance Galileo Galilei (15641642) has forever played a key role in the history of science. He is a key figure in the scientific revolution of the 17th century. His work in physics or natural philosophy‚ astronomy‚ and the methodology of science still stir up a discussion after over 300 years. His responsibility in promoting the Copernican theory and his trials with the Roman Church are stories that are retold even today. This essay is an attempt to provide
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J Bus Ethics (2012) 106:229–241 DOI 10.1007/s10551-011-0992-9 The Effects of Corporate Ethical Values and Personal Moral Philosophies on Ethical Intentions in Selling Situations: Evidence from Turkish‚ Thai‚ and American Businesspeople Janet Marta • Anusorn Singhapakdi • Dong-Jin Lee • Sebnem Burnaz • Y. Ilker Topcu M. G. Serap Atakan • Tugrul Ozkaracalar • Received: 19 December 2010 / Accepted: 3 August 2011 / Published online: 21 August 2011 Ó Springer Science+Business Media B.V. 2011
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Effects of Working Capital Management on Company Profitability An industry-wise study of Finnish and Swedish public companies Erik Rehn Department of Accounting Hanken School of Economics Helsinki 2012 HANKEN SCHOOL OF ECONOMICS Department of: Type of work: Master’s Thesis Accounting Author: Erik Rehn Date: 13.3.2012 Title of thesis: Effects of Working Capital Management on Company Profitability Abstract: Working Capital Management has lately been a hot topic since
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A COMPARITIVE STUDY OF CORPORATE GOVERNANCE IN INDIA AND COMPANIES AROUND THE WORLD SHAKTI SINGAL-2010A58 DIVYA CHADHA-2010A60 UJJWAL SINGH -2010A62 Under the Guidance of MR.SHREEDHAR BHAT SYMBIOSIS CENTRE FOR MANAGEMENT AND HUMAN RESOURCE DEVELOPMENT‚ SYMBIOSIS INTERNATIONAL UNIVERSITY ACKNOWLEDMENT This project would not have been possible without the help and support of Mr. Shreedhar Bhat‚ our mentor for the project. Our deepest gratitude goes out to him for guiding us at various stages with
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the nature and types of intellectual property theft in the military sphere? Provide at least two concrete examples? Intellectual property‚ including patents‚ copyrights‚ and trade secrets‚ increasingly dominates the exports of advanced economies. However‚ intellectual property is uniquely vulnerable to appropriation‚ whether by states‚ firms‚ or individuals. Consequently‚ exporters like the United States have taken increasingly aggresive steps to protect their intellectual property owners and producers
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"What is a working capital policy and why is it needed?" Working capital is a “measure of a company’s efficiency and its short term financial health” (Ivestopedia‚ 2008). To calculate a company’s working capital subtract its current liability from its current assets. Current assets include cash‚ accounts receivable‚ and inventory on hand. “Working Capital gives investors an idea of a company’s underlying operational efficiency” (Investopedia‚ 2008). A positive working capital ensures that a company
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FUNDAMENTALS OF Corporate Finance Jonathan Berk Stanford University Peter DeMarzo Stanford University Jarrad Harford University of Washington ISBN 0-558-65200-X Fundamentals of Corporate Finance‚ by Jonathan Berk‚ Peter DeMarzo‚ and Jarrad Harford. Published by Prentice Hall. Copyright © 2009 by Pearson Education‚ Inc. Editor in Chief: Donna Battista Sr. Development Editor: Rebecca Ferris Market Development Manager: Dona Kenly Assistant Editors: Sara Holliday‚ Kerri McQueen Managing
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