The purpose of the corporation: Shareholder-value maximization? Finance Working Paper N°. 95/2005 Revised version: February 2006 Petra Joerg Institut für Finanzmanagement‚ Universität Bern Claudio Loderer Institut für Finanzmanagement‚ Universität Bern Lukas Roth The Pennsylvania State University Urs Waelchli Institut für Finanzmanagement‚ Universität Bern © Petra Joerg‚ Claudio Loderer‚ Lukas Roth and Urs Waelchli 2006. All rights reserved. Short sections of text‚ not to
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Pros and Cons of Vaccination In 1796‚ Edward Jenner invented the first vaccine‚ which was for the smallpox virus. (Google timeline) Centuries later‚ we now have a very large amount of vaccines that have been created with the purpose of protecting the human race from infectious diseases. The question is‚ how effective are these vaccines? Are they more beneficial or harmful to us? Are they serving their purpose? Could a person survive in this world without ever being immunized? In this small research
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Topic : the pros and cons of powerpoint Student : Outline: I. Introduction II. Pros and Cons : 1. Pros : * Catch audience’s attention * Easy to follow * Able to review 2. Cons : * Too shorted * Focus too much on the slide show * Wasted time I. Introduction: PowerPoint is presentation software that is part of the Microsoft Office suite of productivity programs. PowerPoint is designed to allow people to create a series of single-page slides that contain
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As a child I received spankings for any of my misbehaviors. Now as a parent myself with a five- year- old son‚ I understand why my parents did the things they did. My son has had a few spankings in his life. Spanking a child is just fine with me as long as you spank them on their buttocks. Spanking can correct misbehavior and will not harm a child for life. There are a lot of pro’s and con’s to the spanking issue that might have a lot of people confused on this. Spanking is done by giving the child
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The Pros People have been on the move‚ traded‚ migrated and colonized in the earlier times; while in the process they transformed both places that they traveled to and the places that they came from. The pro-globalization people say that it is not just good for the rich but it’s good for the poor‚ because back in the 1990’s‚ when globalization took off‚ about 200 million people got out of poverty in places like India and China. Globalization is the process by which economies of countries around
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they do not belong to a union while others would not want any association with unions. On the other hand‚ no employer is ever enthusiastic to engage unions in employee relations because they end up causing bitter relations between the employer and employees. However‚ it must be understood that unions are of great importance where there are issues with worker’s rights‚ their benefits and workplace safety. The main role of a union remains to ensure that the employees are treated fairly and equitably in
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Nationally ninety-seven percent in jail today will be released and return to their community. Between sixty and seventy-five percent of ex-cons are jobless up to a year after being released. This is a deciding factor to recidivism. Recidivism is the most fundamental concept that pertains to
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There are a lot of pros and cons about internet. Let me talk about the positive aspects first. One big advantage is that you get information’s very fast. Also a good point is that there are many school forums‚ where you get different things about school. Another good thing is that you get pictures‚ video clips or read the topical news from all over the world from the internet. In the internet you also find very much language programmes or search engines. Also you can meet new friends in chats or
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Miracles Paper Miracles: Pros and Cons Essay Tanner Morrell John Brown University Authors Note Miracles: Pros and Cons paper is to share integrative analytical thinking about religious philosophy accompanied by biblical knowledge and basic scientific facts showing an insight of the writer’s main conclusions. Correspondence concerning this article should be addressed to Professor Stephen McClain‚ John Brown University‚ 200 2807 Ajax Ave‚ Rogers‚ AR 72758 Jesus of Nazareth was said in the bible
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STAKEHOLDER THEORY: A LIBERTARIAN DEFENSE R. Edward Freeman and Robert A. Phillips Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called "stakeholder theory" has roots that are deeply libertarian We begin by explicating both "stakeholder theory" and "libertarian arguments " We show how there are libertarian arguments for both instrumental and normative stakeholder theory‚ and we construct a version of capitalism‚ called "stakeholder capitalism
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