• Bethlehem University
    analysis and planning, investment decisions, and financing decisions. A discussion of the financial manager’s goals—maximizing shareholder wealth and preserving stakeholder wealth—and the role of ethics in meeting these goals is presented. The chapter includes discussion of the agency problem—the conflict...
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  • Course notes Financial Management
    What is Finance? Finance is the art and science of managing financial and real assets The processes, institutions, markets, and instruments involved in the transfer of money between individuals, businesses, and governments form the foundation of the study of finance Career Opportunities in Finance ...
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  • Uploads
    Introduction © The McGraw−Hill Companies, 2009 structure of social and ethical constraints. Unfortunately the public is all too often reminded that some people in business don’t meet the public standards of ethical and social responsibility. All too often newspaper headlines highlight some corporate...
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  • Agency theory
    these three aspects and agency theory, deriving two potential side effects and consequences. In theoretical support of the relationship between the shareholder primacy inherent in agency theory and risktaking as well as the critique of the model of man in agency theory, two intertwined research questions...
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  • Ethics
    while improving the quality of life of the workforce and their families as well as the local community and the society at large.” In broader terms, CSR means a collection of policies, programs and practices adopted, followed and recognized by a company that is based on certain values, including respect...
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  • Mister
    corporate social responsibility and firms get involve in corporate social initiatives as a result of building company reputation, and engaging employee in ethical and moral manner. There was an establish fact that, companies engage in corporate social initiatives as a way of making profit and building a sustainable...
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  • Ethics
    Ethical principles provide the foundations for various modern concepts for work, business and organizations, which broaden individual and corporate priorities far beyond traditional business aims of profit and shareholder enrichment. Ethical factors are also a significant influence on institutions and...
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  • Corporate Social Responsibility
    advancement in communications and a greater public awareness of trade unions, NGO's and advocacy groups such as Greenpeace and Amnesty International.  What ever it is, CSR seems to be an increasing bone of contention for corporate society to address. It must be noted that it is not only multinational...
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  • Objectives in Corporate Finance
    The Objective in Corporate Finance “If you don’t know where you are going, it does not matter how you get there” Aswath Damodaran Stern School of Business Aswath Damodaran 2 First Principles Invest in projects that yield a return greater than the minimum acceptable hurdle rate. ...
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  • Case Study
    a. What should the management of Sports Products Inc. pursue as its overriding goal? Why? Current theory asserts that the firms’ proper goal is to maximize shareholderswealth, as measured by the market price of the firm’s stock. A firm’s stock price reflects the timing, size and risk of the cash...
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  • Ethics
    ethics, management accountants will increasingly be asked to design systems to control, evaluate, interpret or apply ethical judgement. The following develops the basis for forming ethical judgements. The management accountant fulfils four broad roles concerning ethics: 1. to ensure that management has...
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  • Alain
    Animation Studios, the company that is responsible for the animation in the hit movies Toy Story, A Bug’s Life, and Finding Nemo. And just to show that what goes around comes around, Apple found itself struggling for relevance in a “Wintel” world and decided to go the sequel route when it hired a new interim...
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  • Business Law
    intended to make business matters more predictable. Analyzing a contract generally involves inquiring into some or all of these issues: 1. What is the subject of the agreement? • If the contract is for the sale of goods, UCC Article 2 governs. • If the contract is for services, employment, or real...
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  • Toward Completion of My Master of Bank Management (Mbm) Final Examination I Choose Eastern Bank Limited to Write a Thesis on Sme Banking. I Have Completed 4(Four) Months with Eastern Bank Limited. During My Four-Month
    July 24, 2011 To The Supervisor Mr. Arjun Kumar Das Assistant Professor Faculty of Business Studies Premier University Chittagong, Bangladesh Subject: Submission of Internship Report. Sir It is a great pleasure for me to submit the Internship report. I have successfully finished my Internship report...
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  • Tai Chinh Doanh Nghiep
    value of the firm’s stock price is the appropriate goal for management. 5. Discuss how agency conflicts affect the goal of maximizing stockholder wealth. 6. Explain why ethics is an appropriate topic in the study of corporate finance. I. Chapter Outline 1.1 The Role of the Financial Manager ...
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  • Corporate Governance and Regulation: the Key Factor to Credible Financial Reporting in Nigeria
    “galvanized considerable interest in and discussion” on the imperative of “corporate governance in the financial reporting process.” Besides the shareholders prospect being damned, the confidence of other stakeholders is lost on the pages of window-dressed financial reports of the entity. The Sarbanes-Oxley...
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  • Philosophy Friedman
    a hard-edged decision,”1 a sentiment by Niall Fitzerald that many decision makers can relate to. This decision is represented by the motives of shareholders and determined by the actions of stakeholders. Over the past two weeks of learning business ethics from Friedman, Freeman and Heath, it could be...
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  • Ethical Problems Faced by Actuaries in Business & Some Possible Solutions to These Conflicts
    business manager promoting the goals of an insurance company” (Sholom Feldblum, pg.1). The purpose of our research was to determine the most common ethical problems an actuary faces, and the most appropriate methods to solve these problems. Solutions were necessary so that our stakeholders, current and...
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  • Shareholder and Stakeholder Approaches
    corporate value maximization: Shareholder Approach and Stakeholder Approach. So, firstly both approaches are defined briefly. Secondly, compare and contrast of shareholder and stakeholder approaches is made. Keywords: Purpose, Corporation, Value Maximization, Shareholder Approach, Stakeholder Approach...
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  • Sanlu milk powder
    normative ethics holding that the proper course of action is the one that maximizes utility, usually defined as maximizing total benefit and reducing suffering or the negatives. It also makes classic utilitarianism subject to attack from many angles. Persistent opponents posed plenty of problems for...
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