American economist Franco Modigliani and Merton H. Miller published The Cost of Capital‚ Corporation Finance and the Theory of Investment (Hereafter MM theory); a paper presented the initial MM theory‚ which states that under a certain market price process‚ in the absence of taxes‚ bankruptcy costs‚ and asymmetric information‚ and in an efficient market‚ the value of a firm is unaffected by how that firm is financed. It does not matter if the firm ’s capital is raised by issuing stock or selling
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Hart’s Concept of Law: Positivist Legal Theory or Sociology? Glen Wright This paper will consider the extent to which HLA Hart can be said to have turned the positivist tradition of legal thought from positivism to a sociology of law. Hart ’s claim to be engaging in ’descriptive sociology ’ is first considered‚ followed by the submission that Hart ’s gesture towards natural law is distinctly sociological. The significance of the ‘critical reflective attitude’ is then discussed and‚ finally‚ the
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The Hart- Devlin dispute is a timeless dispute. Moral and ethical theories have existed since the era of the fathers of philosophy‚ whether it was Aristotle and the belief that one’s moral compass deviates between good and bad‚ or whether it was Plato’s belief that one’s happiness and one’s well-being reinforces his or her morality. Hart and Devlin forced society and the United States legal system to determine the relationship between one’s freedom of choice and one’s privacy of morality. This debate
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Cloud & Townsend Theory Critique Jeremy Andrews Liberty University‚ February 17‚ 2014 Summary In the book Boundaries In Marriage: Understanding the Choices that Make or Break Loving Relationships‚ authors Henry Cloud and John Townsend (1999) help the readers develop an understanding of healthy boundaries in the marital relationship. The book begins with an introduction and what it calls a refresher of a previous book published by the authors on boundaries. The
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Theory Critique 2 - Anderson Anonymous Graduate Student Liberty University Theory Critique 2 – Anderson In what proves to be a compelling presentation of the journey to spiritual freedom‚ Dr. Neil T. Anderson (2000) presents his theory of how one may be liberated from negative thoughts‚ irrational feelings‚ and habitual sins in his book‚ The Bondage Breaker. Anderson (2000) suggests the cause of a majority of problems which are discussed within the walls of a counseling
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Theory Critique of the Human Caring Theory Adele Wolf Maryville University NUR 600 October 03‚ 2012 Theory Critique of the Human Caring Theory The Theory of Human Caring was written by Jean Watson. This model consists of ten carative factors to assist nurses with caring for their patients. Dr. Watson calls this a transpersonal relationship. Watson defines transpersonal care ‘as the capacity of one human being to receive another human being’s expression of feelings and to experience those
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Running head: Theory Critique of Conservation Model Theory Critique of Levine’s Conservation Model Dana Carroll Nur 600 February 24‚ 2013 Jacqueline Saleeby Theory Critique of Levine’s Conservation Model Introduction Myra Levine proposed a grand theory of energy conservation. Using the Chinn and Kramer Model for critique‚ this paper will describe the theory reviewing purpose‚ concepts‚ definitions‚ relationships‚ structure‚ assumptions‚ and rationale for selection. Then‚ the theory will be
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Theory Critique 1 - Adams and Backus Anonymous Graduate Student Liberty University Theory Critique I – Adams and Backus There exist several theories among Christian counselors which attempt to incorporate the Word of God into the counseling process. This critique will examine the theories and beliefs of Dr. Jay E. Adams as outlined in his book‚ How to Help People Change‚ as well as the work by William Backus and Marie Chapian as presented in their book‚ Telling Yourself
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Theory Critique: Cloud and Townsend B. J. Liberty University Theory Critique: Cloud and Townsend Summary Dr. Cloud and Dr. Townsend (1999) have created a comprehensive work titled Boundaries in Marriage. In this book they have outlined what boundaries are and what can be done to create healthy boundaries within a marriage. First‚ let’s look at the definition of boundaries. Cloud & Townsend (1999) define this as “a property line” (p. 17). In other words in a marriage it is a set of
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Case Problem 3- Hart Venture Capital Problem Statement Hart Venture Capital (HVC) specializes in providing venture capital for software development and Internet applications. Currently HVC has two investment opportunities: (1) Security Systems‚ a firm that needs additional capital to develop an Internet security software package‚ and (2) Market Analysis‚ a market research company that needs additional capital to develop a software package for conducting customer satisfaction surveys. In exchange
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