The word ‘equity’ can be seen to have a wide range of meanings- to many it is a synonym for ‘fairness’ or justice’. Those within the legal community recognise equity as the body of rules developed and applied by the Court of Chancery; a court previously presided over by the Lord Chancellor with rules developed under his authority. The law of equity developed due to the inflexibility of the common law. Before the development of equity‚ The law was rigid (which was often cited as a weakness) for example
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What is social capital? Why is it important for a society? The sociological concept of social capital is developed in conjunction with the concepts of human capital and physical capital which has clear distinctions among them to explain theory of social relations (Jackman and Miller‚ 1998). Unlike human capital and physical capital which has clear and united explanation‚ social capital has no unified and undisputed definition due to its weak palpability as it comes “from changes in the relations
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The definition of capital city is “the city or town that functions as the seat of government and administrative centre of a country or region”. In my own words‚ I define capital city as a city that is really important to the country in terms of politics and economics and capital city occupies a special position in politics compared to other cities. So‚ normally government will put more resources into those cities development. Also I think capital city has different purpose in different period of
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introduction to raising finance When a company is growing rapidly‚ for example when contemplating investment in capital equipment or an acquisition‚ its current financial resources may be inadequate. Few growing companies are able to finance their expansion plans from cash flow alone. They will therefore need to consider raising finance from other external sources. In addition‚ managers who are looking to buy-in to a business ("management buy-in" or "MBI") or buy-out (management buy-out" or "MBO")
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m.Module 3 CAPITAL BUDGETING Meaning of Capital Budgeting :- Capital Budgeting is the process of making Decisions regarding long term investments in Fixed Assets which are not meant for sale. It is long range planning to employ the available capital for the purpose of maximizing the long term profitability of the concern. Definition of Capital Budgeting:- Prof I.M.PANDEY Defines Capital Budgeting as the firms decision to invest its current funds most efficiently in long term activities
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Capital Account Liberalization and the Exchange Rate Regimes Corresponding author: Associate Prof. Dr. Sule L. Aker Faculty of Business and Economics Eastern Mediterranean University Gazi Magusa‚ Mersin 10‚ Turkey sule.aker@emu.edu.tr tel: 00903926301260 fax: 00903923651017 Co-author: Assoc. Prof. Dr. Ahmet H. Aker Cyprus International University Nicosia‚ Mersin 10‚ Turkey Abstract In this study‚ the relationship
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Future Outlook and Raising Capital in the Sports Drink Market Justin Hickey Dr. Eddie Montgomery Entrepreneurship & Innovation BUS 521 11/2/2010 Executive Summary The approach and obstacles to raising capital and managing future change can make or break a new company that is trying to compete for market share in the sports beverage industry. According to a recent monthly labor report‚ most new businesses have the best chance of surviving during the first two years (Knaup‚ 2005). The young
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Goods/Stock purchased or sold being returned is quite a common practice in business. This may be on account of a number of reasons like defects in goods‚ quality not matching the requirement for which the buyer purchased it‚ the buyer not needing the stock‚ etc. This happens both in case of goods purchased as well as goods sold by the organisation. Where the goods sold are being returned we call it "Sales Returns" and where goods purchased are being returned we call it "Purchase Returns"
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Equity Equity means social justice or fairness; it is an ethical concept‚ grounded in principles of distributive justice.39–[->0]42[->1] Equity in health can be—and has widely been—defined as the absence of socially unjust or unfair health disparities.1‚[->2]6[->3] However‚ because social justice and fairness can be interpreted differently by different people in different settings‚ a definition is needed that can be operationalised based on measurable criteria. For the purposes of operationalisation
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Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following items in the final accounts of a club: (3) Debit credit Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded 9000 Q7. 1‚20‚000 12000 A‚B and C are partners sharing profits and losses in the ratio of 1 : 2: 3. They have omitted interest on capital @ 8% p.a. for two years ended
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