African Journal of Business Management Vol. 5(15)‚ pp. 6527-6540‚ 4 August‚ 2011 Available online at http://www.academicjournals.org/AJBM DOI: 10.5897/AJBM11.1012 ISSN 1993-8233 ©2011 Academic Journals Full Length Research Paper Capital structure and financing decision - Evidence from the four Asian Tigers and Japan Kuang-Hua Hsu1* and Ching-Yu Hsu2 1 Department of Finance‚ Chaoyang University of Technology‚ Taiwan‚ Republic of China 168 Jifong E. Road.‚ Wufong District‚ Taichung
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WHAT IS CAPITAL BUDGETING? 1. 2. Decision making process of selecting and evaluating longterm investments. Examples include the decision to replace equipment‚ to develop new product‚ or to build new shop at a new branch of operations. It is very crucial for companies to make the right decisions because these projects require a huge amount of cash outflow committed for many years. A right decision will increase the firm’s value as well as the shareholders’ wealth. A wrong decision will
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…………………………………………………………………………………………………………………………………. 1 METHODOLOGY………………………………………………………………………………………………………………………………………. 2 FINDINGS: CHAPTER ONE: THE FAMILY COURT…………………………………………………………………………………………………… 3-4 * INSTITUTIONALISATION/BACKGROUND * STRUCTURE/PHYSICAL LAY OUT OF COURT * ROLE/RESPONSIBILITY CHAPTER TWO: DEFINITION OF TERMS ……………………………………………………………………………………………….. 5 * JUVENILE * JUVENILE COURT * JUVENILE SENTENCING * BIASES IN JUVENILE SENTENCING CHAPTER THREE: PRE-REQUISITES REQUIREMENTS TO JUVENILE OFFENDERS
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The Development of Common Law and Equity Common Law has been functioning in England since the 1250’s‚ two centuries after William the Conqueror defeated Earl Harold Godwinson in the Battle of Hastings in 1066 and became King. It was then in 1066 that Law began to be standardised. There were‚ however‚ problems with the Common Law system and people were becoming dissatisfied with the remedies distributed by the Court. As a result‚ the Court of Chancery was established and could provide whatever
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1. Introduction Working capital management is considered to be a very important element to analyze the organizations’ performance while conducting day to day operations‚ by which balance can be maintained between liquidity and profitability. Maintaining liquidity on daily base operation to make sure it’s running and meets its commitment is a crucial part required in managing working capital. It is a difficult task for mangers to make sure that the business function running in well-organized
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Adams’ Equity Theory Balancing Employee Inputs and Outputs -------------------------------------------------------------------------------- If you pay "peanuts"‚ you may get "monkeys". © iStockphoto/RedBarnStudio Adams’ Equity Theory calls for a fair balance to be struck between an employee’s inputs (hard work‚ skill level‚ tolerance‚ enthusiasm‚ and so on) and an employee’s outputs (salary‚ benefits‚ intangibles such as recognition‚and so on). According to the theory‚ finding this
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What are the exceptions to the maxim “equity will not assist a volunteer? Give factual examples to support answer and relevant cases. There are certain known exemptions to the rule that equity will not assist a volunteer . a) These are where the proposed donee has acquired title to the property by being chosen as administrator of the donor’s estate . That is if a donor has endeavored to create an instant bequest inter vivos to a donee which have not passed by reasons of the fact that the lawful
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(2001) 105–231 Capital markets research in accounting$ S.P. Kothari* Sloan School of Management‚ Massachusetts Institute of Technology‚ Cambridge‚ MA 02142‚ USA Received 22 November 1999; received in revised form 8 March 2001 Abstract I review empirical research on the relation between capital markets and financial statements. The principal sources of demand for capital markets research in accounting are fundamental analysis and valuation‚ tests of market efficiency‚ and the role of accounting numbers
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UNIVERSITI UTARA MALAYSIA COLLEGE OF BUSINESS SESSION A131 ______________________________________________________________________________ COURSE CODE : BKAF3083 COURSE : ACCOUNTING THEORY AND PRACTICE PRE-REQUISITE : BKAF3073 FINANCIAL ACCOUNTING AND REPORTING IV 1.0 SYNOPSIS This course is an advanced level course focusing on financial accounting theory; and as such‚ it differs from other accounting courses learnt previously. It
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To what extent does the parliament hold the executive to account? Parliament does not govern‚ but its role is to check or constrain the government of the day. Many therefore argue that parliament’s most important function is to ‘call the government to account’’‚ there by forcing the members to explain their actions and justify their policies. There are three groups within the UK parliament‚ the House of Commons‚ the House of Lords‚ and the Monarchy. The HoC consists of 646 MP’s and each MP is
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